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USDINR

USDINR trading range for the day is 77.47-77.77.

USDINR traded in range following RBI governor comments that the central bank will not allow a runaway depreciation of the rupee at a rapid pace.

GDP growth seems to have slowed to 3.5% in Q4 FY22

Indian economy capable of weathering the global storm: RBI

EURINR

EURINR trading range for the day is 82.41-83.73.

Euro rose after the European Central Bank said it was likely to lift its deposit rate out of negative territory by September.

ECB says it could see interest rate "lift-off" in July

German IFO business index shows unexpected resilience

GBPINR

GBPINR trading range for the day is 96.34-98.16.

GBP dropped tracking global negative cues, as concerns over slower growth, faster interest rate increases, and geopolitical tensions linger.

The latest UK PMI survey data signaled a sharp slowing in the rate of economic growth in May

The Bank of England has already raised interest rates four times since December, more than any other major central bank

JPYINR

JPYINR trading range for the day is 60.48-61.36.

JPY gains benefitting from a weaker dollar as investors scaled back bets that rising US interest rates would drive further dollar gains.

Japan's May factory activity grows at slowest rate in 3 months – flash PMI

The au Jibun Bank Japan Services PMI increased to a five-month high of 51.7 in May 2022 from a final 50.7 in April

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