FX RATES AND USDINR FWDS

24/04/2020

Major developments:

USD is now at 76.25. Rupee opened at 76.30. Expect 76.15-76.50 range for the day.

Indian Equity indices decline.

-USDINR is at 76.25. Prior day’s close was 76.07.

-Indian Equity indices decline 1.41%.

-Indian 10 year G-SEC yield is at 6.12%.

-USDINR 1 yr fwd premia is at 3.80%.

USDINR @ 76.25, EUR/USD 1.0768, GBP/USD @ 1.2347, USD/JPY @ 107.63, EUR/INR @ 82.12, GBP/INR @ 94.14

JPY/INR @ 70.84.

Gold@1745, WTI Crude @ 17.15, Nifty @ 9178(-129), 10 Year G-SEC @ 6.12.

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