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USDINR

USDINR trading range for the day is 72.5-72.88.

USDINR gained amid worries over European lockdowns, U.S. taxes sap risk appetite

India’s FY21 goods exports likely to be 8-10% lower, to reach $1 trillion digital economy quickly: Piyush Goyal.

India trade gap was revised slightly lower to USD 12.62 billion in February of 2021 from a preliminary of USD 12.9 billion in February of 2021.

EURINR

EURINR trading range for the day is 85.84-86.36.

Euro dropped amid extended lockdown in Germany and tensions with China over sanctions weighed on investor's risk appetite.

Meanwhile, bond yields fell across the region, while recent data showed the ECB bought €28 billion worth of bonds last week

The ECB said it would conduct emergency bond purchases at a significantly higher pace over the next quarter, aiming to bring government bond yields down

GBPINR

GBPINR trading range for the day is 99.38-100.08.

GBP dropped as the EU considers banning COVID-19 vaccine exports to Britain, which relies heavily on imports for its vaccination drive.

The UK unemployment rate unexpectedly fell to 5% in the three months to January

The dollar rose on comments from Powell that the economic recovery had progressed more quickly than expected and appeared to be strengthening.

JPYINR

JPYINR trading range for the day is 66.71-67.21.

JPY settled flat after prices gained earlier as Japan’s Manufacturing PMI rose to 52.0 in March 2021 from a final 51.4 in the previous month

Japan’s Services PMI went up to a three-month high of 46.5 in March 2021 from a final 45.8 in February, preliminary data showed.

The yield on Japan's 10-year government bond declined to a five-week low of 0.066%, which came in tandem with a further retreat in US Treasury yields.

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