16/08/2018

Major developments:

Rupee is at 70.18.  Rupee declines on expanding trade deficit. July trade deficit hits USD 18 bn.

-INR is at 70.18. Tuesday’s close was 69.90. 

-Indian Equity indices trade steady.

-Indian 10 year G-SEC yield is at 7.86%. 

-USDINR 1 yr fwd premia is at 4.21%. 

USDINR @ 70.18, EUR/USD 1.1386, GBP/USD @ 1.2720, USD/JPY @ 110.77, EUR/INR @ 79.90, GBP/INR @ 89.26, JPY/INR @ 63.25.

Gold@1173, WTI Crude @ 65, Nifty @ 11435 (+1), 10 Year G-SEC @ 7.86.