FX RATES AND USDINR FWDS

13/08/2020

Major developments:

USD is now at 74.80. Rupee opened at 74.82. Expect 74.70-74.95 range for the day.

-USDINR is at 74.80. Prior day’s close was 74.82.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 5.89%.

-USDINR 1 yr fwd premia is at 3.85%.

USDINR @ 74.80, EUR/USD 1.1814, GBP/USD @ 1.3070, USD/JPY @ 106.70, EUR/INR @ 88.35, GBP/INR @ 97.73, JPY/INR @ 70.10

Gold@1942, WTI Crude @ 42.62, Nifty @ 11342(+35), 10 Year G-SEC @ 5.89.

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