FX RATES AND USDINR FWDS

23/10/2020

Major developments:

USD is now at 73.61. USDINR opened at 73.62. Expect 73.52-73.70 range for the day.

-USDINR is at 73.61. Prior day’s close was 73.53.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 5.91%.

-USDINR 1 yr fwd premia is at 4.08%.

USDINR @ 73.61, EUR/USD 1.1799, GBP/USD @ 1.3062, USD/JPY @ 104.72, EUR/INR @ 86.85, GBP/INR @ 96.13, JPY/INR @ 70.29.

Gold@1907, WTI Crude @ 40.40, Nifty @ 11929(+33), 10 Year G-SEC @ 5.91%.

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