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USDINR

USDINR trading range for the day is 81.94-82.74.

USDINR settled flat as risk sentiment improved after reversal of Britain's controversial fiscal plans pressured the greenback.

India retail inflation set to ease from September highs - RBI

RBI member Varma said the central bank should pause interest rate hikes despite unacceptably high inflation to avoid stalling a recovery in economic growth.

EURINR

EURINR trading range for the day is 80.62-81.5.

Euro strengthened as investors turned to riskier currencies following the UK's reversal of the tax-slashing mini budget

Markets expect the ECB to hike rates by 75 bps in the next two meetings, before easing the pace of the rate-hike cycle as a recession looms

Industrial production in the Euro Area rose 1.5 percent from a month earlier in August 2022

GBPINR

GBPINR trading range for the day is 92.33-94.11.

GBP settled flat following the UK's dramatic U-turn over the tax-slashing mini budget that had roiled global markets.

The Bank of England is set to delay quantitative tightening until bond markets calm

BoE reiterates liquidity available, following end of gilt support

JPYINR

JPYINR trading range for the day is 55.01-55.93.

JPY hovered 32-year lows near 149 per dollar, at risk of sinking further to the key psychological level of 150

Japan’s Kanda said authorities would firmly respond to any excessive currency fluctuations

BOJ committed to ultra-easy monetary policy to support the economic recovery, while the Federal Reserve aggressively raised interest rates

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