FX RATES AND USDINR FWDS

19/11/2020

Major developments:

USD is now at 74.24. USDINR opened at 74.30. Expect 74.10-74.45 range for the day.

-USDINR is at 74.24. Prior day’s close was 74.19.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 5.89%.

-USDINR 1 yr fwd premia is at 4.06%.

USDINR @ 74.24, EUR/USD 1.1848, GBP/USD @ 1.3234, USD/JPY @ 103.78, EUR/INR @ 87.97, GBP/INR @ 98.26, JPY/INR @ 71.54.

Gold@1866, WTI Crude @ 41.77, Nifty @ 12952(+12), 10 Year G-SEC @ 5.89%.

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