Major developments:
USD steady against Rupee. Equities trade steady. IIP and CPI data are infocus this week. Fed Chairman is to testify
before US Congress later today. Fed is expected to cut rates later this month.
-USDINR is at 68.61. y’day’s close was 68.55.
-Indian Equity indices climb marginally higher.
-Indian 10 year G-SEC yield is at 6.60%.
-USDINR 1 yr fwd premia is at 4.60%.
USDINR @ 68.61, EUR/USD 1.1207, GBP/USD @ 1.2450, USD/JPY @ 108.90, EUR/INR @ 76.90, GBP/INR @ 85.41,
JPY/INR @ 63
Gold@1392, WTI Crude @ 58.65, Nifty @ 11585 (+30), 10 Year G-SEC @ 6.60