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USDINR

Observations

USDINR trading range for the day is 82.12-82.48

Rupee gains as RBI resumed selling foreign exchange andhawkish signals from the Indian central bank in its monthlybulletin

India's external debt rises to $613.1 bln as of end – Dec

RBI set to hike repo rate to 7-yr high of 6.75% in April

EURINR

Observations

EURINR trading range for the day is 89.31-89.93

Euro steadied as receding concerns about the prospects of aglobal banking crisis offset the likelihood of persistent inflation inthe euro zone

lnflation in Germany, rose by 7.8% in the year in March, aboveforecasts for a reading of 7.5%

Retail sales in Germany unexpectedly declined by 1.3%month-over-month in February of 2023

GBPINR

GBPINR trading range for the day is 101.52-102.16

GBP edges up as BoE says no tension in UK banking system

Britain's economy expanded by 0.6 percent from a year earlierduring the fourth quarter of 2022

The United Kingdom economy expanded slightly by 0.1 percenton quarter in the final three months of 2022

JPYINR 

Observations

JPYINR trading range for the day is 61.72-62.48

JPY dropped as fears of a wider banking contagion abated,hurting demand for safe-haven currencies

Japan's housing dropped by 0.3 percent year-on-year inFebruary 2023

Industrial production in Japan grew by 4.5 percentmonth-over-month in February 2023

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