14/02/2020

Major developments:

USD is now at 71.37. Rupee opened at 71.30. Expect 71.25-71.45 range for the day.

US  retail sales data is the focus event for this day. USDINR fwdpremia declines further.

-USDINR is at 71.37. Y’day’s close was 71.33.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 6.43%.

-USDINR 1 yrfwdpremia is at 3.74%.

USDINR @ 71.37, EUR/USD 1.0834, GBP/USD @ 1.3043, USD/JPY @ 109.80, EUR/INR @ 77.32, GBP/INR @ 93.09

JPY/INR @ 65

Gold@1575, WTI Crude @ 51.70, Nifty @ 12127(-47), 10 Year G-SEC @ 6.43.