Rupee Ended Flat As Pressure From Month-End U.S. Dollar Demand

# trading range for the day is 83.26-83.36.

# Rupee ended flat as pressure from month-end U.S. dollar demand from importers was blunted by RBIs continued defense of the local unit.

# Elevated U.S. Treasury yields and weak risk sentiment have prompted outflows from Indian equities, increasing pressure on the rupee.

# India\\'s forex reserves fall $2.36 bn to $583.5 bn.

# trading range for the day is 87.91-88.43.

# Euro gains as investors braced for the latest inflation data out of Germany and Spain, as well as preliminary GDP figures for Germany.

# Markets also turned cautious ahead of monetary policy decisions from major central banks this week.

# The Ifo Business Climate indicator for Germany rose by 1.1 points from the previous month to 86.9 in October 2023.

# trading range for the day is 100.68-101.34.

# GBP steadied with the Bank of England expected to maintain unchanged interest rates at its upcoming Thursday meeting.

# Consumer credit in the United Kingdom grew by £1.391 billion in September of 2023, slowing from the upwardly revised.

# CFTC data showed net GBP short rose to 18,636 contracts in the week ended Oct 24.

# trading range for the day is 55.85-56.23.

# JPY remained supported as traders looked to a policy decision by the Bank of Japan later in the week.

# Data showed that Tokyos core inflation rate, accelerated and exceeded forecasts in October, keeping the BOJ under pressure to normalize monetary settings.

# The au Jibun Bank Japan Manufacturing PMI stood at 48.5 in October 2023, unchanged from Septembers seven-month low.