USDINR trading range for the day is 74.42-75.32.
USDINR pared gains to settled flat after jumped above 75.10 level, amid concerns about rising COVID-19 cases and their impact on the economy's pace of recovery.
RBI's Das: Accommodative stance remains until growth is secured, stronger external demand should support Indian exports
RBI's Das: Recent infection surge imparted greater uncertainty on growth outlook, prospects of 2021 - 2022 have strengthened
EURINR trading range for the day is 88.56-89.48.
Euro remained supported amid unexpectedly strong economic data in Europe, downbeat U.S. jobs figures
Bundesbank's Weidmann: - Recent containment measures mean that 3% growth in Germany in 2021 is less likely
Bundesbank's Weidmann: - 2022 growth could be higher than initially expected
GBPINR trading range for the day is 102.19-103.17.
GBP dropped as investors fear that the slowing pace of the COVID vaccinations in the UK could delay the government’s plans to reopen the economy
The PM has also announced the launch of a new mass testing programme, aiming to help health officials to track the pandemic.
The UK construction sector grew at the fastest pace since 2014 in March
JPYINR trading range for the day is 67.81-68.97.
JPY dropped amid cautious trade as the Japanese government remains set to designate Tokyo and two other prefectures as requiring stronger measures to fight COVID-19
Japan's current account surplus narrowed to JPY 2916.9 billion in February from JPY 3060.5 billion in the same month a year earlier
The consumer confidence index increased by 2.2 points from the previous month to 36.1 in March, the highest since February last year.
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