22/04/2020

Major developments:

USD is now at 76.70. Rupee opened at 76.89. Expect 76.55-76.90 range for the day.

Indian Equity indices rally on back of Facebook investment of USD 5.7 bn in Reliance Jio.

-USDINR is at 76.70. Prior day’s close was 76.83.

-Indian Equity indices climb 1.47%.

-Indian 10 year G-SEC yield is at 6.21%.

-USDINR 1 yr fwd premia is at 3.85%.

USDINR @ 76.70, EUR/USD 1.0852, GBP/USD @ 1.2291, USD/JPY @ 107.60, EUR/INR @ 83.23, GBP/INR @ 94.27

JPY/INR @ 71.28.

Gold@1705, WTI Crude @ 11.19, Nifty @ 9087(+106), 10 Year G-SEC @ 6.21.