FX RATES AND USDINR FWDS

Major developments:
USD is now at 76.20. Rupee opened at 76.09. Expect 75.90-76.40 range for the day.
Indian Equity indices are trading flat. FWD premia spikes high.

-USDINR is at 76.20. y’day’s close was 76.29.
-Indian Equity indices flat.

-Indian 10 year G-SEC yield is at 6.34%.
-USDINR 1 yr fwd premia is at 4.66%.
USDINR @ 76.20, EUR/USD 1.0797, GBP/USD @ 1.1646, USD/JPY @ 110.19, EUR/INR @ 82.27, GBP/INR @ 88.74
JPY/INR @ 69.15.
Gold@1571, WTI Crude @ 24.92, Nifty @ 7652(+44), 10 Year G-SEC @ 6.34.

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