FX RATES AND USDINR FWDS

07/08/2020
Major developments:
USD is now at 74.97. Rupee opened at 75.05. Expect 74.85-75.10 range for the day.
Focus is on RBI policy.

-USDINR is at 74.97. Prior day’s close was 74.93.
-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 5.87%.
-USDINR 1 yr fwd premia is at 3.85%.
USDINR @ 74.97, EUR/USD 1.1835, GBP/USD @ 1.3115, USD/JPY @ 105.56, EUR/INR @ 88.72, GBP/INR @ 98.31, JPY/INR @ 71.02.
Gold@2056, WTI Crude @ 41.80, Nifty @ 11185(-15), 10 Year G-SEC @ 5.87.

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