# USDINR trading range for the day is 83.87-84.09.
# Rupee weakened to hurt by the continued unwinding of carry trades and on dollar demand from local importers.
# RBI’s interventions across the non-deliverable forwards (NDF), spot over-the-counter (OTC), and futures market have kept volatility in check.
# Dollar-rupee forward premiums eased slightly but managed to hold on to much of their gains from a climb to a 14-month high.
# EURINR trading range for the day is 91.54-92.
# Euro steadied as risk sentiment improved, with the recent global selloff as an overreaction to weak US economic data.
# Germany's trade surplus declined to EUR 20.4 billion in June 2024
# German industrial production rose by 1.4% month-over-month in June 2024.
# GBPINR trading range for the day is 106.61-107.03.
# GBP remained in range as investors anticipated faster interest rate cuts by the Bank of England.
# Retail sales in the United Kingdom increased 0.3% on a year-on-year basis in July
# The S&P Global (NYSE:SPGI) UK Construction PMI jumped to 55.3 in July 2024.
# JPYINR trading range for the day is 56.54-58.44.
# JPY dropped after BOJ official says no rate hikes if markets are volatile
# BOJ won't raise rates when markets unstable, deputy governor says
# Reserve assets in Japan fell slightly to $1.219 trillion in July 2024 from $1.231 trillion in June.