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USDINR

Observations

USDINR trading range for the day is 81.87-82.39

Rupee ended slightly lower, but logged its best week in four

India's merchandise trade deficit narrowed to USD 20.13 billion in June 2023

Consumer price inflation spikes to 4.81% in June after testing two year low in previous month.

EURINR

Observations

EURINR trading range for the day is 91.91-92.57

Euro gains as weaker-than-expected US inflation data heightened expectations that Fed is approaching the end of its current policy tightening.

ECB raises concerns over meeting inflation target

German wholesale prices drop sharply in June

GBPINR

Observations

GBPINR trading range for the day is 107.35-108.13

GBP rose after data showed the British economy shrank by less than expected in May.

Data showed that British wages rose at the joint highest rate on record in the three months to May

BOE banking system stress test showed Britain's largest lenders have enough capital to ride out a potential economic crisis

JPYINR

Observations

JPYINR trading range for the day is 59.01-60.13

JPY gains as dollar dropped after softer-than-expected US inflation numbers

Japan's top FX diplomat Kanda says watching yen moves carefully

Producer prices in Japan rose by 4.1% year-on-year in June 2023, slowing for the sixth straight month

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