25/02/2020

Major developments:

USD is now at 71.89. Rupee opened at 71.84. Expect 71.70-72.05 range for the day. Global stocks slumped as Corona Virus spread intensified to Italy and Korea.

-USDINR is at 71.89. y’day’s close was 72.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 6.34%.

-USDINR 1 yr fwd premia is at 3.83%.

USDINR @ 71.89, EUR/USD 1.0853, GBP/USD @ 1.2928, USD/JPY @ 110.78, EUR/INR @ 78.02, GBP/INR @ 92.93, JPY/INR @ 64.89.

Gold@1651, WTI Crude @ 51.70, Nifty @ 11838(+9), 10 Year G-SEC @ 6.34.