FX RATES AND USDINR FWDS

 

Major developments:

-USDINR is at 70.99. Y’day’s close was 71.12. Expect 70.90-71.20 range for the day.

-Indian Equity indices trade flat.

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

-USDINR 1 yr fwd premia is at 4.09%.

USDINR @ 70.99, EUR/USD 1.1348, GBP/USD @ 1.3042, USD/JPY @ 110.78, EUR/INR @ 80.56, GBP/INR @ 92.58, JPY/INR @ 64.08.

Gold@1340, WTI Crude @ 57.50, Nifty @ 10727 (-8), 10 Year G-SEC @ 7.34.

 

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