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Abstract:# trading range for the day is 83.19-83.53.# Rupee fell as a slight recovery in the U.S. dollar and
# Rupee fell as a slight recovery in the U.S. dollar and strong dollar demand from local companies blunted positive cues.
# IMF forecasted a 7 % Indian growth for the ongoing financial year.
# The will deliver its policy decision later on Friday when it is widely expected to hold rates steady.
# trading range for the day is 90.45-90.97.
# Euro dropped as market bets on interest rate cuts ramped up following comments from European and U.S. policymakers last week.
# Euro zone investor mood improves but upswing elusive – survey
# The trade surplus in Germany increased to EUR 17.8 billion in October 2023 from a marginally revised EUR 16.7 billion in the previous month.
# trading range for the day is 105.43-105.87.
# GBP gains amidst growing expectations that the Bank of England would implement its first rate cut by June
# British house prices rose unexpectedly in monthly terms for the third time running in November
# BoE's policymaker Megan Greene said UK rates might have to stay high for an extended period.
# trading range for the day is 56.8-57.3.
# JPY rose amid growing expectations that the US Federal Reserve is done with its current monetary tightening cycle
# BOJs Noguchi said that Japan has yet to achieve price growth driven by higher wages with the recent cost-push-driven rise in inflation
# The au Jibun Bank Japan Manufacturing PMI was revised higher to 48.3 in November 2023.
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