# USDINR trading range for the day is 82.54-82.78.
# Rupee snapped a three-day rally to close weaker but notched its best week in a month-and-a-half.
# The Fed may need to implement additional interest rate hikes in order to manage inflation effectively.
# India's economic growth likely accelerated to 7.7% in the April-June quarter, the fastest annual pace in a year.
# EURINR trading range for the day is 88.92-89.58.
# Euro dropped after data showed German and Eurozone business activity slumped more than expected in August.
# The German economy stagnated in the second quarter of 2023 compared to the previous three months.
# Eurozone business activity contracted by the most since November 2020.
# GBPINR trading range for the day is 103.68-104.64.
# GBP dropped as investors rein in expectations of where they think BOE’s interest rate might peak after recent soft activity data.
# S&P Global (NYSE:SPGI)'s flash purchasing managers' index (PMI) for August, showed business activity contracted.
# UK economy was on course to shrink in the third quarter, prompting markets to scale back tightening bets.
# JPYINR trading range for the day is 56.5-56.84.
# JPY dropped as the US Dollar was seen supported as investors reassessed the outlook for US monetary policy.
# Core inflation in Japan's capital slowed in August but remained well above the central bank's 2% target.
# The au Jibun Bank Japan Manufacturing PMI increased to 49.7 in August 2023 from 49.6 in July.