FX RATES AND USDINR FWDS

Major developments:

USD gains 8 ps against Rupee. Equities trade flat.  Budget is the focus event for this week.

-USDINR is at 68.86. Y’day’s close was 68.94.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 6.82%.

-USDINR 1 yr fwd premia is at 4.71%.

USDINR @ 68.86, EUR/USD 1.1289, GBP/USD @ 1.2591, USD/JPY @ 107.59, EUR/INR @ 77.74, GBP/INR @ 86.70, 

JPY/INR @ 64.

Gold@1427, WTI Crude @ 56.50, Nifty @ 11917 (+7), 10 Year G-SEC @ 6.82.

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