FX RATES AND USDINR FWDS

09/06/2020

Major developments:

USD is now at 75.47. Rupee opened at 75.51. Expect 75.35-75.65 range for the day. Focus

is on EU GDP . US FOMC decision will be known on Thursday morning.

-USDINR is at 75.46. Prior day’s close was 75.57.

-Indian Equity indices climb 0.89%.

-Indian 10 year G-SEC yield is at 5.78%.

-USDINR 1 yr fwd premia is at 3.78%.

USDINR @ 75.47, EUR/USD 1.1286, GBP/USD @ 1.2701, USD/JPY @ 107.97, EUR/INR @ 85.16, GBP/INR @ 95.86, JPY/INR @ 69.90.

Gold@1702, WTI Crude @ 38.40, Nifty @ 10256(+89), 10 Year G-SEC @ 5.78.

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