FX RATES AND USDINR FWDS

22/06/2020

Major developments:

USD is now at 76.11. Rupee opened at 76.19. Expect 76.20-75.95 range for the day.

-USDINR is at 76.11. Prior day’s close was 76.19.

-Indian Equity indices climb 0.5%.

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

-USDINR 1 yr fwd premia is at 3.75%.

USDINR @ 76.11, EUR/USD 1.1204, GBP/USD @ 1.2399, USD/JPY @ 106.91, EUR/INR @ 85.27, GBP/INR @ 94.36, JPY/INR @ 71.20.

Gold@1767, WTI Crude @ 39.65, Nifty @ 10296(+52), 10 Year G-SEC @ 5.84.

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