The US Dollar Indian Rupee (USD/INR) exchange rate is trading higher, paring some losses from the previous session. The pair trades +0.2% higher 73.45.
The number of new daily coronavirus cases in India is surging at a record rate. The number of infections topped 95,000, taking total infections to 4.4 million.
The US Dollar is trading lower versus its major peers, although higher versus the Rupee, ahead of US jobless claims. Expectations are for 846,000 new claims vs 881,000 last week, potentially marking the first time since that covid crisis started of back to back claims sun 1 million.