18/07/2018

Major developments:

Rupee steady. Fed Chairman assures of gradual rate hikes, sounds optimistic on growth. Crude slumps further. Indian and Asian Equity indices climb higher.

-INR is at 68.47. Y’day’s close was 68.46. 

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.74%. 

-USDINR 1 yr fwd premia is at 4.23%. 

USDINR @ 68.47, EUR/USD 1.1643, GBP/USD @ 1.3105, USD/JPY @ 112.99, EUR/INR @ 79.71, GBP/INR @ 89.72, JPY/INR @ 60.60.

Gold@1227, WTI Crude @ 67.68, Nifty @ 11057 (+49), 10 Year G-SEC @ 7.74.