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USDINR

USDINR trading range for the day is 76.45-76.97.

USDINR settled flat on improved risk sentiments after Russian and Ukrainian entered into negotiators that is in inching towards peace talks

Annual inflation rate in India accelerated for a 5th straight month to 6.07% in February of 2022, the highest since June of 2021

Commodities surge could pressure RBI to normalise more quickly: S&P

EURINR

EURINR trading range for the day is 83.47-84.73.

Euro dropped as diplomatic efforts to end the war in Ukraine continue ahead of key central bank meetings later in the week.

Euro zone sees hit from Ukraine war as serious, but bearable

Ministers likely to support fiscal tightening in 2023

GBPINR

GBPINR trading range for the day is 99.65-100.39.

GBP dropped as growth and inflation worries due to the Ukraine conflict more than offset prospects of higher interest rates.

Britain's economy rebounded much more than expected in January from its coronavirus-related lull in late 2021

The Bank of England is highly expected to raise rates by another 25bps when it meets next Thursday

JPYINR

JPYINR trading range for the day is 64.79-65.45.

JPY dropped as traders braced for the U.S. Federal Reserve to begin hiking rates, while reckoning the Bank of Japan remains dovish

Yen at 5-yr low as BOJ seen lagging while Fed and BoE hike

Pressure seen amid hopes for progress in Russia-Ukraine peace talks

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