FX RATES AND USDINR FWDS

20/11/2020

Major developments:

USD is now at 74.15. USDINR opened at 74.12. Expect 74.05-74.30 range for the day.

-USDINR is at 74.15. Prior day’s close was 74.27.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 5.88%.

-USDINR 1 yr fwd premia is at 4.06%.

USDINR @ 74.15, EUR/USD 1.1885, GBP/USD @ 1.3276, USD/JPY @ 103.82, EUR/INR @ 88.11, GBP/INR @ 98.42, JPY/INR @ 71.41.

Gold@1865, WTI Crude @ 41.85, Nifty @ 12818(+47), 10 Year G-SEC @ 5.88%.

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