FX RATES AND USDINR FWDS

Major developments:

USD is now at 74.94. Rupee opened at 74.95. Expect 74.80-75.10 range for the day.

-USDINR is at 74.94. Prior day’s close was 75.02
-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 5.78%.
-USDINR 1 yr fwd premia is at 3.89%.

USDINR @ 74.94, EUR/USD 1.1363, GBP/USD @ 1.2630, USD/JPY @ 107.26, EUR/INR @ 85.15, GBP/INR @ 94.64 JPY/INR @ 69.85.

Gold@1822, WTI Crude @ 40.85, Nifty @ 10774(+69), 10 Year G-SEC @ 5.78.

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