09/08/2019

Major developments:

USD is now at 70.48. Rupee has gained 50 ps in last 2 sessions, following FM’S assurance

on income tax cess and a likely revival package for the industry.

-USDINR is at 70.48. Y’day’s close was 70.69.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.43%.

-USDINR 1 yr fwd premia is at 4.02%.

USDINR @ 70.48, EUR/USD 1.1195, GBP/USD @ 1.2138, USD/JPY @ 105.92, EUR/INR @ 78.90, GBP/INR @ 85.54,

JPY/INR @ 66.55.

Gold@1507, WTI Crude @ 52.55, Nifty @ 11139 (+107), 10 Year G-SEC @ 6.43