FX RATES AND USDINR FWDS

Major developments:

Rupee is at 70.98. 

-Equity indices decline marginally.

-IIP and inflation data expected.

-US Govt shutdown may be averted.

-US-Chinese trade talks resume in Beijing.

-USDINR is at 70.98. Y’day’s close was 71.17.

-Indian Equity indices decline marginally.

-Indian 10 year G-SEC yield is at 7.34%.

-USDINR 1 yr fwd premia is at 3.99%.

USDINR @ 70.98, EUR/USD 1.1275, GBP/USD @ 1.2860, USD/JPY @ 110.60, EUR/INR @ 80.02, GBP/INR @ 91.28, JPY/INR @ 64.17.

Gold@1308, WTI Crude @ 53.10, Nifty @ 10881 (-8), 10 Year G-SEC @ 7.34.

 

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