Major developments:
USD is now at 76.69. Rupee opened at 76.74. Expect 76.55-76.85 range for the day.
Indian Equity indices are trading flat. US data was down beat. Earnings season has begun.
Indian trade deficit narrowed to USD 9.6 bn in March. Exports declined 34%.
-USDINR is at 76.69. Prior day’s close was 76.44.
-Indian Equity indices trade flat.
-Indian 10 year G-SEC yield is at 6.43%.
-USDINR 1 yr fwd premia is at 4%.
USDINR @ 76.69, EUR/USD 1.0882, GBP/USD @ 1.2483, USD/JPY @ 107.88, EUR/INR @ 83.45, GBP/INR @ 95.73
JPY/INR @ 71.08.
Gold@1744, WTI Crude @ 19.80, Nifty @ 8919(-5), 10 Year G-SEC @ 6.43.
