FX RATES AND USDINR FWDS

21/10/2020

Major developments:

USD is now at 73.39. USDINR opened at 73.40. Expect 73.20-73.48 range for the day.

-USDINR is at 73.39. Prior day’s close was 73.47.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 5.93%.

-USDINR 1 yr fwd premia is at 4.08%.

USDINR @ 73.39, EUR/USD 1.1849, GBP/USD @ 1.2980, USD/JPY @ 105.28, EUR/INR @ 86.95, GBP/INR @ 95.26, JPY/INR @ 69.71.

Gold@1922, WTI Crude @ 41.50, Nifty @ 11997(+100), 10 Year G-SEC @ 5.93%.

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