FX RATES AND USDINR FWDS

17/06/2020

Major developments:

USD is now at 76.14. Rupee opened at 76.21. Expect 76.10-76.35 range for the day.

-USDINR is at 76.14. Prior day’s close was 76.21.

-Indian Equity indices decline 0.35%.

-Indian 10 year G-SEC yield is at 5.84%.

-USDINR 1 yr fwd premia is at 3.75%.

USDINR @ 76.14, EUR/USD 1.1271, GBP/USD @ 1.2557, USD/JPY @ 107.22, EUR/INR @ 85.81, GBP/INR @ 95.61, JPY/INR @ 71.01.

Gold@1734, WTI Crude @ 37.40, Nifty @ 9882(-34), 10 Year G-SEC @ 5.84.

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