Major developments:
USD is now at 71.76. Rupee opened at 71.82 . Expect 71.60-71.85 range for the day.
US Fed minutes indicated pause in rate reduction. US-China trade deal signing may be delayed till Jan 2020. Indian Govt clears strategic disinvestment in 5 PSU’S.
-USDINR is at 71.76. Y’day’s close was 71.81.
-Indian Equity indices DECLINE MARGINALLY.
-Indian 10 year G-SEC yield is at 6.45%.
-USDINR 1 yr fwd premia is at 3.90%.
USDINR @ 71.76, EUR/USD 1.10746 GBP/USD @ 1.2929, USD/JPY @ 108.53, EUR/INR @ 79.46, GBP/INR @ 92.77, JPY/INR @ 66.11.
Gold@1471, WTI Crude @ 56.87, Nifty @ 11970(-29), 10 Year G-SEC @ 6.45.