GBPINR trading range for the day is 83.12-84.44. GBP dropped after the latest UK inflation report showed that while the cost of living rose in January the increase disappointed expectations for an even sharper rise.
British Brexit minister David Davis said the government was on course to meet its end of March deadline to launch the formal divorce procedure with EU. British manufacturing output rose 2.1 percent in December, figures showed last week, far higher than the 0.5 percent rise forecast.
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