FX RATES AND USDINR FWDS

Major developments:

USD is now at 71.65. Rupee opened at 71.65 . Expect 71.60-71.78 range for the day. 

Focus is on US FOMC minutes and US-China trade issue developments.

-USDINR is at 71.65. Friday’s close was 71.78.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 6.50%.

-USDINR 1 yr fwd premia is at 3.90%.

USDINR @ 71.65, EUR/USD 1.1061, GBP/USD @ 1.2922, USD/JPY @ 108.81, EUR/INR @ 79.25, GBP/INR @ 92.58, 

JPY/INR @ 65.85.

Gold@1466, WTI Crude @ 57.85, Nifty @ 11892(-3), 10 Year G-SEC @ 6.50.

 

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