Major developments:
Indian Q4 GDP (2018-19) is expected later today. 10 Year Yield declined further to 7.06. 1 year USDINR fwd premia
declined further to 4%. Crude declined significantly.
-USDINR is at 69.75. y’day’s close was 69.87.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 7.06%.
-USDINR 1 yr fwd premia is at 4%.
USDINR @ 69.75, EUR/USD 1.1126, GBP/USD @ 1.2604, USD/JPY @ 109.10, EUR/INR @ 77.60, GBP/INR @ 87.91,
JPY/INR @ 63.93.
Gold@1292, WTI Crude @ 56, Nifty @ 12015 (+70), 10 Year G-SEC @ 7.06.