14/05/2020

Major developments:

USD is now at 75.45. Rupee opened at 75.44. Expect 75.35-75.65 range for the day.

FM is expected to announce second set of measures later today.

-USDINR is at 75.45. Prior day’s close was 75.46.

-Indian Equity indices decline 1.76%.

-Indian 10 year G-SEC yield is at 6%.

-USDINR 1 yr fwd premia is at 3.88%.

USDINR @ 75.45, EUR/USD 1.0812, GBP/USD @ 1.2208, USD/JPY @ 106.84, EUR/INR @ 81.55, GBP/INR @ 92.08

JPY/INR @ 70.60.

Gold@1721, WTI Crude @ 25.60, Nifty @ 9217(-166), 10 Year G-SEC @ 6.