FX RATES AND USDINR FWDS

15/10/2020

Major developments:

USD is now at 73.26. USDINR opened at 73.31. Expect 73.20-73.40 range for the day.

-USDINR is at 73.26. Prior day’s close was 73.30.

-Indian Equity indices decline marginally.

-Indian 10 year G-SEC yield is at 5.90%.

-USDINR 1 yr fwd premia is at 4.07%.

USDINR @ 73.26, EUR/USD 1.1753, GBP/USD @ 1.3020, USD/JPY @ 105.28, EUR/INR @ 86.10, GBP/INR @ 95.40, JPY/INR @ 69.60.

Gold@1904, WTI Crude @ 41, Nifty @ 11935(-37), 10 Year G-SEC @ 5.90%.

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