06/08/2020
Major developments:
USD is now at 74.89. Rupee opened at 74.81. Expect 74.70-74.95 range for the day.
Gold continues to exhibit bullish momentum. Focus is on RBI credit policy.

-USDINR is at 74.89. Prior day’s close was 74.935.
-Indian Equity indices climb higher.

-Indian 10 year G-SEC yield is at 5.81%.
-USDINR 1 yr fwd premia is at 3.76%.
USDINR @ 74.89, EUR/USD 1.1879, GBP/USD @ 1.3135, USD/JPY @ 105.53, EUR/INR @ 88.97, GBP/INR @ 98.36, JPY/INR @ 70.98.
Gold@2046, WTI Crude @ 42.15, Nifty @ 11182(+81), 10 Year G-SEC @ 5.76.

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