12/05/2020

Major developments:

USD is now at 75.87. Rupee opened at 75.88. Expect 75.70-75.95 range for the day.

IIP and CPI data are expected.

-USDINR is at 75.87. Prior day’s close was 75.74.

-Indian Equity decline 1.52%.

-Indian 10 year G-SEC yield is at 6.17%.

-USDINR 1 yr fwd premia is at 4%.

USDINR @ 75.87, EUR/USD 1.0802, GBP/USD @ 1.2319, USD/JPY @ 107.39, EUR/INR @ 81.97, GBP/INR @ 93.50

JPY/INR @ 70.67.

Gold@1704, WTI Crude @ 24.40, Nifty @ 9098(-139), 10 Year G-SEC @ 6.17.