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USDINR

USDINR trading range for the day is 82.27-82.63.

Rupee rose by the most in two months on expectations that the U.S. Federal Reserve may further dial back the size of its rate hikes.

The Indian economy is seen expanding 7% in the 2022-2023 fiscal year, according to government estimates

The focus now turns to Fed Chair Powell's speech on Tuesday and then to the U.S. inflation data on Thursday.

EURINR

EURINR trading range for the day is 87.66-88.52.

Euro rose as weaker-than-expected US data tempered expectations that the Federal Reserve will continue to hike rates aggressively

Industrial production in German grew by 0.2% month-over-month in November of 2022

Eurozone producer prices drop for 2nd month

GBPINR

GBPINR trading range for the day is 99.38-100.7.

GBP rose benefitting from a softer dollar, after US jobs report raised bets the Fed will deliver smaller rate increases.

British house prices slid in December, capping the largest quarterly drop since the financial crisis more than 10 years ago

The S&P Global/CIPS UK Construction PMI dropped to 48.8 in December 2022 from 50.4 in the previous month

JPYINR

JPYINR trading range for the day is 62.01-63.15.

JPY gains amid growing speculations that the Bank of Japan might soon shift away from ultra-easy policy

The au Jibun Bank Japan Services PMI stood at 51.1 in December 2022

BOJ Governor Kuroda clarified that the move was not an indication of the commencement of an exit from massive stimulus

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