FX RATES AND USDINR FWDS

Major developments:

USD is now at 75.47. Rupee opened at 75.44. Expect 75.25-75.60 range for the day.

-USDINR is at 75.47. Prior day’s close was 75.73.

-Indian Equity climb 1.52%.

-Indian 10 year G-SEC yield is at 6.02%.

-USDINR 1 yr fwd premia is at 3.90%.

USDINR @ 75.47, EUR/USD 1.0841, GBP/USD @ 1.2391, USD/JPY @ 106.37, EUR/INR @ 81.79, GBP/INR @ 93.47

JPY/INR @ 70.94.

Gold@1730, WTI Crude @ 24.70, Nifty @ 9336(+137), 10 Year G-SEC @ 6.02.

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