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USDINR

Observations

USDINR trading range for the day is 81.77-82.03

Rupee closed little changed as traders fretted about thehealth of the US banking system

U.S. data fuelled stagflation worries with the country's economyslowing more than expected in the March quarter

IMF predicts Indian economy will grow by nearly 6 per cent thisfiscal year

EURINR 

Observations

EURINR trading range for the day is 89.8-90.56

Euro dropped as data showed the German economy wasweaker than expected in the first quarter.

Germany's economy stagnated in the first quarter, compared tothe previous three months.

ECB is seen raising borrowing costs for a seventh time at the Maymeeting, with most investors betting on a 25bps increase

GBPINR 

Observations

GBPINR trading range for the day is 101.82-102.5

GBP seen pressure as retail sales fell more than expected in March

The latest Markit PMI survey suggested that Britain's GDPexpanded the most in a year in April

Highly-anticipated CPI report revealed Britain's inflation rateremained above the 10% mark for a seventh straight month

JPYINR 

Observations

JPYINR trading range for the day is 59.79-62.07

JPY dropped as BoJ maintained its key short-term interest rate at-0.1% and that for 10-year bond yields around 0%

The board cut its 2022 GDP growth forecast to 1.2% from 1.9%made in January, amid lower private consumption.

Core consumer prices in Tokyo, rose 3.5% in April from a yearearlier, government data showed

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