FX RATES AND USDINR FWDS

Major developments:

USD is now at 75.88. Rupee opened at 75.97. Expect 75.70-76.10 range for the day.

Indian Equity indices climb higher. FOMC meeting is in focus today.

-USDINR is at 75.88. Prior day’s close was 76.24.

-Indian Equity climb 0.98%.

-Indian 10 year G-SEC yield is at 6.14%.

-USDINR 1 yr fwd premia is at 3.90%.

USDINR @ 75.88, EUR/USD 1.0853, GBP/USD @ 1.2477, USD/JPY @ 106.53, EUR/INR @ 82.35, GBP/INR @ 94.67

JPY/INR @ 71.23.

Gold@1727, WTI Crude @ 13.80, Nifty @ 9474(+91), 10 Year G-SEC @ 6.14.

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