19/05/2020

Major developments:

USD is now at 75.74. Rupee opened at 75.77. Expect 75.60-75.85 range for the day.

Global Equity makets rallied on hopes of vaccine development.

-USDINR is at 75.74. Prior day’s close was 75.91.

-Indian Equity indices climb 2.10%.

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

-USDINR 1 yr fwd premia is at 3.90%.

USDINR @ 75.74, EUR/USD 1.0909, GBP/USD @ 1.2210, USD/JPY @ 107.41, EUR/INR @ 82.62, GBP/INR @ 92.40

JPY/INR @ 70.53.

Gold@1738, WTI Crude @ 31.75, Nifty @ 9006(+183), 10 Year G-SEC @ 6.04.