# USDINR trading range for the day is 87.59-87.77.
# Rupee declined to its lifetime low as a dip in Asian peers added to the prevailing bearish outlook on the currency
# Uncertainty about U.S. trade tariffs and persistent portfolio outflows have hurt the rupee over the last two months.
# The US economy added over 180,000 private-sector jobs in January, surpassing the forecast of 150,000.
# EURINR trading range for the day is 90.57-91.41.
# Euro dropped with investors reacting to the potential economic impact of President Trump's trade tariffs.
# In the Eurozone, business activity returned to growth after two months of contraction.
# There are concerns that US tariffs might cause deflationary pressures, potentially prompting the ECB to ease monetary policy even more.
# GBPINR trading range for the day is 108.29-109.99.
# GBP fell as investors remain concerned about the UK’s stagnating economy.
# BOE cut its benchmark Bank Rate by 25bps to 4.5% in its February 2025 decision, as expected
# Meanwhile, concerns over US tariffs continue to weigh on sentiment.
# JPYINR trading range for the day is 57.85-58.29.
# JPY rose as BOJ’s Tamura said that the central bank must lift the policy rate to at least 1% in the latter part of fiscal 2025.
# Finance Minister Katsunobu Kato also warned that inflation could continue rising.
# Data highlighted strong wage growth, fueling expectations that the BOJ will continue raising interest rate this year.