01/06/2020

Major developments:

USD is now at 75.38. Rupee opened at 75.34. Expect 75.30-75.55 range for the day. Focus is

on US employment data and ECB meeting. Indian Equity indices are up more than 2.5% as

Govt eased down restrictions.

-USDINR is at 75.38. Prior day’s close was 75.61.

-Indian Equity indices climb 2.91%.

-Indian 10 year G-SEC yield is at 6.03%.

-USDINR 1 yr fwd premia is at 3.84%.

USDINR @ 75.38, EUR/USD 1.1141, GBP/USD @ 1.2389, USD/JPY @ 107.53, EUR/INR @ 83.99, GBP/INR @ 93.40

JPY/INR @ 70.01.

Gold@1760, WTI Crude @ 35.35, Nifty @ 9859(+278), 10 Year G-SEC @ 6.03.