FX RATES AND USDINR FWDS

20/10/2020

Major developments:

USD is now at 73.37. USDINR opened at 73.36. Expect 73.25-73.45 range for the day.

-USDINR is at 73.37. Prior day’s close was 73.36.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 5.94%.

-USDINR 1 yr fwd premia is at 4.05%.

USDINR @ 73.37, EUR/USD 1.1778, GBP/USD @ 1.2946, USD/JPY @ 105.33, EUR/INR @, 86.40, GBP/INR @ 94.97, JPY/INR @ 69.51.

Gold@1915, WTI Crude @ 40.75, Nifty @ 11906(+33), 10 Year G-SEC @ 5.94%.

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