FX RATES AND USDINR FWDS

Major developments:

USD is now at 73.40. USDINR opened at 73.33. Expect 73.30-73.60 range for the day.

-USDINR is at 73.40. Prior day’s close was 73.65.
-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.01%.
-USDINR 1 yr fwd premia is at 4.22%.

USDINR @ 73.33, EUR/USD 1.1850, GBP/USD @ 1.2955, USD/JPY @ 104.82, EUR/INR @ 86.90, GBP/INR @ 94.98, JPY/INR @ 69.96.

Gold@1958, WTI Crude @ 41.22, Nifty @ 11547(+32), 10 Year G-SEC @ 6.01.

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