FX RATES AND USDINR FWDS

28/07/2020
Major developments:
USD is now at 74.80. Rupee opened at 74.86. Expect 74.70-74.90 range for the day.
US FOMC meeting is the focus this week. Fed’s assessment is to be keenly watched.
-USDINR is at 74.80. Prior day’s close was 74.84.
-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 5.87%.
-USDINR 1 yr fwd premia is at 3.84%.
USDINR @ 74.80, EUR/USD 1.1732, GBP/USD @ 1.2858, USD/JPY @ 105.57, EUR/INR @ 87.76, GBP/INR @ 96.17, JPY/INR @ 70.85.
Gold@1937, WTI Crude @ 41.55, Nifty @ 11167(+35), 10 Year G-SEC @ 5.87.

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