* Singapore greenback, Indian rupee, Thai baht set to agency over
the
week
    * Singapore March NODX up 12.1% from final yr
    * China posts file GDP progress in Q1
    * Indonesian c.financial institution seen holding charges - Reuters ballot

    By Sameer Manekar
    April 16 (Reuters) - The Thai baht firmed nearly 1% on
Friday, resuming commerce after a three-day break, whereas most different
rising Asian currencies and share markets had been largely blended
as buyers took inventory of financial knowledge from america
and China.
    The Thai foreign money hit a two-week excessive after the
greenback weakened, though it might face some stress within the
close to time period as new COVID-19 instances in Thailand see a file soar.

    "Even when the U.S. greenback stays sideways or barely
weaker, Thai baht might weaken additional because of the worsening
COVID-19 state of affairs which is more likely to result in extra stringent
lockdown measures," mentioned Poon Panichpibool, markets strategist
at Krung Thai Financial institution.
    Thailand, together with Taiwan, additionally dangers being labelled a
foreign money manipulator as a part of a international alternate report from
U.S. Treasury Secretary Janet Yellen anticipated this week.

    In Russia, authorities bonds recouped some losses as
buyers thought-about information of U.S. sanctions focusing on the
nation's sovereign debt. The rouble strengthened as a lot
as a % towards the greenback after tumbling 1% on Thursday.

    The Indian rupee firmed 0.6% and was set to
respect barely for the week, even because the nation battles a
huge second wave of the novel coronavirus.
    "The second wave of COVID-19 is posing rising dangers to the
restoration. Whereas our base case is that progress rebounds to 9% in
FY22 from a stoop of 6.4% in FY21, we see a 300 foundation factors
draw back threat to this forecast," analysts at Financial institution of America
mentioned.
    Many regional inventory markets lagged international shares as upbeat
U.S. retail gross sales and manufacturing knowledge, in addition to file
first-quarter financial progress in China had been offset by worries
over surging infections.
    Equities within the Philippines, Malaysia and
Indonesia slipped between 0.2% and 0.8%.
    Indonesia's rupiah firmed about 0.3% forward of a
central financial institution coverage assembly subsequent week, the place Financial institution Indonesia is
anticipated depart its key coverage price unchanged at a file low.

    In Singapore, the greenback was off 0.2% however on monitor to
agency about 0.5% for the week. Shares scaled a greater than
one-week peak after the city-state's non-oil home exports
(NODX) expanded 12.1% in March.
    "There may be positively an upside threat to our present NODX
forecast of two%, and are actually  a 2%-4% forecast,
assuming that the worldwide vaccine-aided restoration theme continues
to take root and blossom into the second-half," analysts at OCBC
Financial institution mentioned.
    
    HIGHLIGHTS:    
    ** Indonesian 10-year benchmark yields fall 5.7 foundation factors
to six.512%
    ** India reviews file each day improve of COVID-19
infections on Friday
    ** Southeast Asia's largest financial institution DBS to part out
thermal coal financing
    
  Asia inventory indexes and                            
 currencies at   0703 GMT                      
 COUNTRY  FX RIC        FX    FX  INDE  STOCK  STOCK
                     DAILY   YTD     X      S  S YTD
                         %     %        DAILY      %
                                            %  
 Japan               -0.11  -5.1  <.N2  0.14   8.16
                               6  25>          
 China                       1  EC>          
 India               +0.51  -1.9  <.NS   0.35   4.65
                               8  EI>          
 Indones             +0.21  -3.6  <.JK  -0.05   1.63
 ia                            4  SE>          
 Malaysi             -0.05  -2.5  <.KL  -0.23  -1.40
 a                             5  SE>          
 Philipp             +0.33  -0.6  <.PS  -0.69  -9.03
 ines                          4  I>           
 S.Korea                     0  11>          
 Singapo             -0.05  -1.0  <.ST   0.38  12.42
 re                            6  I>           
 Taiwan              +0.17  +0.5  <.TW   0.48  16.47
                               3  II>          
 Thailan             +0.67  -4.2  <.SE   0.19   6.53
 d                             2  TI>          
 
    

 (Reporting by Sameer Manekar in Bengaluru
Enhancing by Shri Navaratnam and Uttaresh.V)
  



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