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USDINR 

Observations

USDINR trading range for the day is 82.72-83.04Rupee remained in the range due to a likely intervention bythe country's central bank.The finance ministry's monthly economic review said the Indianeconomy is on track to achieve 7% growth for the 2023financial year.Dollar index seen supported by the ongoing reassessment ofthe Fed peak rate and for how long interest rates were likely tostay high.

EURINR 

Observations

EURINR trading range for the day is 87.74-88.06Euro remained in range as investors digest fresh economic data,bets the economies are handling the recovery better thaninitially anticipated.Consumer sentiment in Germany improved heading into MarchThe German economy shrank 0.4% on quarter in Q4 2022, muchworse than initial estimates of a 0.2% decline

GBPINR 

Observations

GBPINR trading range for the day is 99.14-100.04GBP eased shaking off hawkish remarks by a Bank of Englandpolicymaker.BOE’s Mann said that it was too soon to say the risks posed bythe surge in inflation last year had easedUK consumer sentiment improves to 10-month peak

JPYINR 

Observations

JPYINR trading range for the day is 61.34-62.06JPY remained supported amid reports that the incominggovernor of Bank of Japan Kazuo Ueda is testifying before alower house committee.Japan inflation rate highest in 41 yearsJapan food prices rise the most since 1980

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