12/02/2020

Major developments:

USD is now at 71.23. Rupee opened at 71.23. Expect 71.20-71.35 range for the day.

Indian CPI, IIP data, US CPI, retail sales and EU GDP data are the key data releases for this

week.

-USDINR is at 71.23. Y’day’s close was 71.28.

-Indian Equity indices climb.

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

-USDINR 1 yrfwdpremia is at 3.87%.

USDINR @ 71.23, EUR/USD 1.0913, GBP/USD @ 1.2963, USD/JPY @ 109.82, EUR/INR @ 77.34, GBP/INR @ 92.34

JPY/INR @ 64.85

Gold@1566, WTI Crude @ 50.85, Nifty @ 12207(+100), 10 Year G-SEC @ 6.44.