Major developments:
USD is now at 71.62. Rupee opened at 71.57 . Expect 71.45-71.75 range for the day.
Indian trade deficit narrowed to USD 10.38 bn in Sept. Exports and imports were down.
Brexit hopes fuelled further rally in Pound. US-China trade tensions continue despite mini trade deal.
-USDINR is at 71.62. Y’day’s close was 71.54.
-Indian Equity indices climb higher.
-Indian 10 year G-SEC yield is at 6.49%.
-USDINR 1 yr fwd premia is at 4.06%.
USDINR @ 71.62, EUR/USD 1.1031, GBP/USD @ 1.2757, USD/JPY @ 108.68, EUR/INR @ 79, GBP/INR @ 91.36,
JPY/INR @ 65.89.
Gold@1483, WTI Crude @ 53.08, Nifty @ 11452 (+24), 10 Year G-SEC @ 6.49.