13/05/2020

Major developments:

USD is now at 75.38. Rupee opened at 75.28. Expect 75.20-75.60 range for the day.

FM will unveil details of stimulus measures at 4 pm today. PM announced Rs 20 lac Cr

package that would all sections and MSME’S.

-USDINR is at 75.38. Prior day’s close was 75.50.

-Indian Equity climb 2.24%.

-Indian 10 year G-SEC yield is at 6.13%.

-USDINR 1 yr fwd premia is at 4%.

USDINR @ 75.38, EUR/USD 1.0849, GBP/USD @ 1.2277, USD/JPY @ 107.19, EUR/INR @ 81.77, GBP/INR @ 92.50

JPY/INR @ 70.32.

Gold@1707, WTI Crude @ 25.55, Nifty @ 9402(+206), 10 Year G-SEC @ 6.13.