FX RATES AND USDINR FWDS

Major developments:
USD is now at 71.48. Rupee opened at 71.43. Expect 71.35-71.60 range for the day.
Indian economic survey to be tabled in Parliament today.

-USDINR is at 71.48. Y’day’s close was 71.49.
-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 6.59%.
-USDINR 1 yr fwd premia is at 4.20%.
USDINR @ 71.48, EUR/USD 1.1023, GBP/USD @ 1.3096, USD/JPY @ 109.03, EUR/INR @ 78.79, GBP/INR @ 93.61
JPY/INR @ 65.55.
Gold@1573, WTI Crude @ 53.05, Nifty @ 11973(-62), 10 Year G-SEC @ 6.59.

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