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USDINR

USDINR trading range for the day is 81.5-81.94

Rupee snapped four session, while traders pointed to the Reserve Bank of India selling dollars.

The RBI forecasts India's second-quarter economic growth to be between 6.1% and 6.3%.

Goldman Sachs Group Inc. sees India’s economic growth slowing next year

EURINR

EURINR trading range for the day is 83.68-84.22.

Euro remained supported as the ECB is seen tightening monetary policy further to tame stubbornly high inflation, despite fears of economic slowdown.

ECB's Holzmann backs 0.75 percentage point increase in December

German producer prices fell unexpectedly on the month in October

GBPINR

GBPINR trading range for the day is 96.48-97.3.

GBP gains as strong inflation data kept pressure on the Bank of England to continue raising rates despite signs of economic downturn

Public sector net borrowing excluding public sector banks in the UK was £13.5 billion in October of 2022, £4.4 billion more than in October 2021

Strong inflation data kept pressure on the Bank of England to continue raising rates despite signs of economic downturn.

JPYINR

JPYINR trading range for the day is 57.42-58.14

JPY settled firm on expectations that the Bank of Japan will maintain its ultra-easy stance on monetary policy

BOJ Governor Kuroda stressed the need to maintain ultra-loose monetary policy to support the economy in the wake of the hot inflation reading

Annual core consumer prices in Japan surging to a 40-year high of 3.6% in October

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