FX RATES AND USDINR FWDS

Major developments:

-USDINR is at 71.25.Monday’s close was 71.30. Expect 71.20-71.50 range for the day.

-Indian Equity indices climb 0.5%.

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

-USDINR 1 yr fwd premia is at 4.09%.

USDINR @ 71.25, EUR/USD 1.1345, GBP/USD @ 1.3061, USD/JPY @ 110.82, EUR/INR @ 80.83, GBP/INR @ 93.05, JPY/INR @ 64.29.

Gold@1343, WTI Crude @ 56.50, Nifty @ 10674 (+69), 10 Year G-SEC @ 7.34.

 

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