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USDINR

USDINR trading range for the day is 75.68-76.32.

USDINR dropped after the central bank kept its key lending rate unchanged at a record low.

RBI Governor Shaktikanta Das says real GDP growth for FY23 is projected at 7.2%.

India 10-year bond yield hits 34-month high

EURINR

EURINR trading range for the day is 82.35-83.13.

Euro dropped dragged down by concerns over the outlook of the bloc’s economy amid the war in Ukraine and surging inflation.

sanctions are set to be announced to punish Moscow following allegations of civilian massacres in the Ukrainian town of Bucha.

Meanwhile, a hawkish FOMC minutes and comments from several Fed officials pushed the dollar up.

GBPINR

GBPINR trading range for the day is 98.47-100.33.

GBP dropped against strengthening dollar with investors still focused on central banks’ monetary tightening.

The greenback extended a relentless upward move, supported by the prospect of a more aggressive pace of Federal Reserve interest rates hikes.

BOE’s Cunliffe said the central bank may not need to take sustained action to stop expectations of persistent high inflation.

JPYINR

JPYINR trading range for the day is 61.14-61.72.

JPY dropped as BOJ’s firm commitment to maintain ultra-easy policies contrasted sharply with other major central banks that started normalizing monetary settings

BOJ's Kuroda says recent yen moves 'somewhat rapid'

Japan current account surplus drops less than expected

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