FX RATES AND USDINR FWDS

28/05/2020

Major developments:

USD is now at 75.76. Rupee opened at 75.90. Expect 75.65-75.90 range for the day.

-USDINR is at 75.76. Prior day’s close was 75.71.

-Indian Equity indices climb 1.76%.

-Indian 10 year G-SEC yield is at 5.98%.

-USDINR 1 yr fwd premia is at 3.83%.

USDINR @ 75.76, EUR/USD 1.1017, GBP/USD @ 1.2262, USD/JPY @ 107.85, EUR/INR @ 83.46, GBP/INR @ 92.89

JPY/INR @ 70.24.

Gold@1717, WTI Crude @ 34.20, Nifty @ 9477(+162), 10 Year G-SEC @ 5.98.

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