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USDINR

USDINR trading range for the day is 82.29-82.97 Rupee fell pressured by broad strength in the dollar, and likely hedging by importers following robust U.S. jobs data. The S&P Global India Composite PMI was at 61.6 in May 2023, unchanged from April's near 13-year high reading The S&P Global India Services PMI declined to 61.2 in May 2023 from April's near 13-year high of 62

EURINR

EURINR trading range for the day is 88.32-88.74 Euro dropped as investors carefully assessed the global economic and monetary policy outlook. Germany's trade surplus widened to EUR 18.4 billion in April 2023 Market participants eagerly awaited remarks from ECB chief Christine Lagarde for insights into the central bank's future policy decisions.

GBPINR

GBPINR trading range for the day is 102.27-102.89 GBP dropped as investors continued to assess the outlook of tighter monetary policy worldwide BoE policymaker Mann said the UK had a bigger inflation problem than either the United States or the euro zone. British lenders approved fewer mortgages in April than in March and the value of new loans also fell.

JPYINR

JPYINR trading range for the day is 59.07-59.43 JPY dropped as a strong US payrolls report raised bets Fed will keep interest rates higher for longer. The au Jibun Bank Japan Services PMI was at 55.9 in May 2023, compared to a final 55.4 a month earlier The au Jibun Bank Japan Composite PMI was at 54.3 in May 2023, compared TO a final 52.9 in April.

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