13/08/2018

Major developments:

Rupee is at 69.47.  Rupee plunges as Euro and EM Currencies decline steeply against USD due to EB banks exposure to Turkey.

-INR is at 69.47 Friday’s close was 68.82. 

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 7.79%. 

-USDINR 1 yr fwd premia is at 4.33%. 

USDINR @ 69.47, EUR/USD 1.1398, GBP/USD @ 1.2758, USD/JPY @ 110.32, EUR/INR @ 79.18, GBP/INR @ 88.63, JPY/INR @ 62.97.

Gold@1208, WTI Crude @ 67.55, Nifty @ 11358 (-71), 10 Year G-SEC @ 7.79.