CURRENCY MARKET UPDATE -

# USDINR gained as investors remained concerned about the negative impact of rising COVID cases on India's growth outlook
# Euro recovered from lows due to weakness in Rupee and German industrial orders rose for the second month in a row in February driven by strong domestic demand
# GBP dropped on profit booking after prices rallied supported by the prospect of a quicker economic recovery in the UK.
# JPY gains amid continuing easy monetary policy both domestically and abroad.