FX RATES AND USDINR FWDS

06/05/2020

Major developments:

USD is now at 75.80. Rupee opened at 75.73. Expect 75.65-75.90 range for the day.

-USDINR is at 75.80. Prior day’s close was 75.63.

-Indian Equity climb 1.02%.

-Indian 10 year G-SEC yield is at 6.04%.

-USDINR 1 yr fwd premia is at 3.90%.

USDINR @ 75.80, EUR/USD 1.0838, GBP/USD @ 1.2433, USD/JPY @ 106.35, EUR/INR @ 82.14, GBP/INR @ 94.23

JPY/INR @ 71.27.

Gold@1711, WTI Crude @ 24.60, Nifty @ 9299(+94), 10 Year G-SEC @ 6.04.

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