22/09/2020
Major developments:
USD is now at 73.42. USDINR opened at 73.50. Expect 73.35-73.60 range for the day. Global stocks are under pressure, weighed down by fears of lockdown in Europe and illicit funds transfer by certain foreign banks.
-USDINR is at 73.42. Prior day’s close was 73.40.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 6.01%.
-USDINR 1 yr fwd premia is at 4.30%.
USDINR @ 73.42, EUR/USD 1.1764, GBP/USD @ 1.2814, USD/JPY @ 104.55, EUR/INR @ 86.36, GBP/INR @ 94.08
JPY/INR @ 70.23.
Gold@1919, WTI Crude @ 39.59, Nifty @ 11165(-86), 10 Year G-SEC @ 6.01.
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