FX RATES AND USDINR FWDS

09/11/2020
Major developments:
USD is now at 73.87. USDINR opened at 73.92. Expect 73.75-74.15 range for the day. Indian IIP and CPI are focus data events for this week.

-USDINR is at 73.87. Prior day’s close was 74.20.
-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 5.88%.
-USDINR 1 yr fwd premia is at 3.92%.
USDINR @ 73.87, EUR/USD 1.1894, GBP/USD @ 1.3182, USD/JPY @ 103.48, EUR/INR @ 87.82, GBP/INR @ 97.33, JPY/INR @ 71.51.
Gold@1963, WTI Crude @ 38.10, Nifty @ 12419(+154), 10 Year G-SEC @ 5.88%.

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