FX RATES AND USDINR FWDS

28/04/2020

Major developments:

USD is now at 76.37. Rupee opened at 76.31. Expect 76.25-76.55 range for the day.

Indian Equity indices trade flat. Crude Oil prices declined steeply again due to lack of

storage space.

-USDINR is at 76.37. Prior day’s close was 76.24.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 6.13%.

-USDINR 1 yr fwd premia is at 3.95%.

USDINR @ 76.37, EUR/USD 1.0823, GBP/USD @ 1.2416, USD/JPY @ 107.27, EUR/INR @ 82.66, GBP/INR @ 94.83 JPY/INR @ 71.19.

Gold@1710, WTI Crude @ 11.30, Nifty @ 9305(+8), 10 Year G-SEC @ 6.13.

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