FX RATES AND USDINR FWDS

Major developments:

Rupee is at 71.21. 

-Equity indices decline. 

-IIP and inflation data expected this week.

-USDINR is at 71.21. Friday’s close was 71.31.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 7.35%.

-USDINR 1 yr fwd premia is at 4.01%.

USDINR @ 71.21, EUR/USD 1.1319, GBP/USD @ 1.2926, USD/JPY @ 109.94, EUR/INR @ 80.60, GBP/INR @ 92.04, JPY/INR @ 64.77.

Gold@1311, WTI Crude @ 52.35, Nifty @ 10878 (-65), 10 Year G-SEC @ 7.35.

 

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