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Abstract:# trading range for the day is 83.32-83.48.# Rupee closed slightly higher supported by foreign banks
# trading range for the day is 83.32-83.48.
# Rupee closed slightly higher supported by foreign banks' dollar sales and softness in the greenback.
# Indias finance minister said the government is monitoring the exchange rate, especially following the Indian Rupee's decline.
# Indias Gross Domestic Product (GDP) Quarterly for Q2 on Thursday will be in the spotlight this week.
# trading range for the day is 91.18-91.58.
# Euro gains as investors digested a series of statements from the ECB
# GfK Consumer Climate Indicator for Germany edged up to -27.8 heading into December 2023 from a downwardly revised -28.3 in November
# ECBs Nagel cautioned that if the inflation outlook worsens, the central bank might need to consider raising interest rates again, advising against hasty policy easing.
# trading range for the day is 105.01-105.53.
# GBP gains reflecting the UK economy's resilience in the face of tightening measures by the BoE.
# BoE Governor Andrew Bailey mentioned the challenge of bringing inflation back to the 2% target
# The GfK Consumer Confidence indicator in the United Kingdom rose to -24 in November 2023 from -30 in October.
# trading range for the day is 56.14-56.78.
# JPY appreciated amid a general greenback weakness, as signs of slowing economic activity in the US
# Japans headline inflation rate accelerated to 3.3% in October from 3% in September, pointing to the highest reading since July.
# The Bank of Japan reaffirmed its commitment to accommodative monetary policies during its October policy meeting.
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