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USDINR

USDINR trading range for the day is 79.81-80.23.

USDINR settled flat after seen supported amid persistent foreign fund outflows, dwindling foreign exchange reserves, and fast-widening trade deficits.

Morgan Stanley cuts FY23 GDP estimate by 0.40%; expects FY24 growth to slow down to 6.4%

India on course to become world's fastest-growing economy, says RBI

EURINR

EURINR trading range for the day is 80.64-82.9.

Euro remained supported mainly supported by a weakening dollar as investors dialed back bets on Fed interest rate hikes.

ECB policymakers to discuss 50 bps rate hike this week

Euro zone banks tightened access to credit in the second quarter and will continue to tighten lending standards during the current quarter

GBPINR

GBPINR trading range for the day is 95.16-96.76.

GBP rose as the number of people in work in the UK went up by 296K in the three months to May

The unemployment rate in the UK held at 3.8% in the three months to May of 2022, the same as in the previous period

Average weekly earnings including bonuses in the UK increased by 6.2% year-on-year to GBP 601 in the three months to May of 2022

JPYINR

JPYINR trading range for the day is 57.78-58.48.

JPY remained supported with investors reluctant to make big moves ahead of this week's Bank of Japan policy meeting

Japan’s economy is likely to grow at a slower pace than previously thought throughout the rest of the fiscal year

Industrial production in Japan declined by 7.5 percent month-over-month in May 2022

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