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USDINR

USDINR trading range for the day is 82.38-82.86.

USDINR steadied as Treasury yields recoiled on signs of a softening U.S. economy.

Support for the rupee was also due to reports that the RBI resumed dollar selling activity through state-run banks to support the domestic currency

The latest data showed that retail prices rose by 7.4% annually, marking the ninth consecutive month

EURINR

EURINR trading range for the day is 81.93-83.01.

Euro dropped as investors eyed the European Central Bank's potential slowdown in future rate hikes.

A deteriorating outlook for growth amid persistent headwinds from record inflation sparked speculation that policymakers would halt its tightening

Eurozone economic sentiment falls for 8th month

GBPINR

GBPINR trading range for the day is 94.92-95.88.

GBP remained under pressure after reports the UK's new government was looking to raise windfall tax on oil and gas producers, added to the gloomy outlook.

Investors were also bracing for another interest rate increase from the Bank of England, pricing in on a 75bps hike

The CBI distributive trades survey’s retail sales balance in the UK jumped to 18 in October of 2022 from -20 in September

JPYINR

JPYINR trading range for the day is 55.77-57.03.

JPY dropped after the Bank of Japan maintained its ultra-low interest rates and dovish stance

Consumer inflation in Japan's capital hits 33-year high

Japan jobless rate unexpectedly edges higher

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