30/04/2020

Major developments:

USD is now at 74.97. Rupee opened at 75.16. Expect 74.90-75.40 range for the day.

Indian Equity indices climb higher on hopes of positive response to new antiviral drug for

treatment of Covid-19. Fed Chief said that it will use all tools at its command to support

credit flow to business and called upon futher fiscal measures.

-USDINR is at 74.97. Prior day’s close was 75.67.

-Indian Equity climb 3.07%.

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

-USDINR 1 yr fwd premia is at 3.90%.

USDINR @ 74.97, EUR/USD 1.0865, GBP/USD @ 1.2479, USD/JPY @ 106.50, EUR/INR @ 81.45, GBP/INR @ 93.58

JPY/INR @ 70.42.

Gold@1727, WTI Crude @ 17.25, Nifty @ 9847(+294), 10 Year G-SEC @ 6.12.