FX RATES AND USDINR FWDS

 

Major developments:

-USDINR is at 70.99. Friday’s close was 71.14. Expect 70.98-71.20 range for the day.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 7.40%.

-USDINR 1 yr fwd premia is at 4.01%.

USDINR @ 70.99, EUR/USD 1.1341, GBP/USD @ 1.3066, USD/JPY @ 110.68, EUR/INR @ 80.51, GBP/INR @ 92.75, JPY/INR @ 64.14.

Gold@1330, WTI Crude @ 57.25, Nifty @ 10808 (+16), 10 Year G-SEC @ 7.40.

 

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