FX RATES AND USDINR FWDS

Major developments:

USD is now at 71.95. Rupee opened at 71.95 . Expect 71.75-72 range for the day. 

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

-USDINR is at 71.95. Y’day’s close was 71.84.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 6.48%.

-USDINR 1 yr fwd premia is at 3.90%.

USDINR @ 71.95, EUR/USD 1.1075, GBP/USD @ 1.2951, USD/JPY @ 108.57, EUR/INR @ 79.68, GBP/INR @ 93.18, 

JPY/INR @ 66.27.

Gold@1470, WTI Crude @ 57.03, Nifty @ 11900(+16), 10 Year G-SEC @ 6.48.

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