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* USDINR rose 16 paise to end at 72.49 on thursday

* FBIL set the reference rate for USDINR at 72.7327 and Euro at 87.6148

* US 30yr inflation adjusted bond yields seen positive for the first time in 8 months

* China aims monetory policy normalization amid gdp recovery, economy expected to grow 8% in 2021.

* GBP rises against EUR as PM Boris Johnson announces lockdown exit strategy

* USD expectation on Federal Reserve chief Jerome Powell's view on resurgent inflation expectations

OUTLOOK - USDINR

Rupee opened 7 paise higher at 72.58, from the previous close of 72.65 against the US dollar and extended its gains to finally close high at 72.49, up 16 paise on Monday. USDINR had gained as far as the intraday high of 72.29 and fell to an intraday low of 72.58. The dollar index which compares the strength of the dollar against 6 major currencies gained 0.04% and closed at 90.40. Brent crude future was up 0.57% to trade at $63.27/barrel. USDINR near futures are at 72.4675 with the next support seen at 72.3167 and next resistance seen at 72.6217 ahead of market opening today.

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