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USDINR

* USDINR trading range for the day is 82.44-83.38.

* Rupee remained in range in thin volume as the New Year holiday in several markets made for lacklustre trade.

* India manufacturing growth at 26-month peak

* Indian economy presents a picture of resilience and the regulators are ready to take appropriate actions to preserve financial stability

EURINR

* EURINR trading range for the day is 88.22-88.98.

* Euro remained in range after a rough year marred with fears of a recession as central banks hiked rates globally and the Russia-Ukraine war.

* ECB must stop quick wage growth from fuelling inflation, Lagarde says

* Germany's finance minister expects inflation in Europe's biggest economy to drop to 7% this year and to continue falling in 2024 and beyond

GBPINR

* GBPINR trading range for the day is 99.68-100.12.

* GBP traded in range as investors continued to assess the outlook for global growth as major central banks are expected to raise interest rates further.

* Meanwhile there is fears that the global economy might head into a severe recession due to a hawkish rhetoric from major central banks.

* Data showed UK CPI inflation fell to 10.7% in November, from a 41-year high of 11.1% in October

JPYINR

* JPYINR trading range for the day is 63.1-63.8.

* JPY gains as BOJ clarified that a surprise policy adjustment to its yield target was not an indication of the start of an exit from its massive stimulus

* BoJ’s Kuroda expressed hope that ongoing labor shortages will encourage firms to raise wages

* Japan Nov factory output falls for 3rd month

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