14/12/2020
Major developments:
USD is now at 73.55. USDINR opened at 73.61. Expect 73.45-73.70 range for the day. Focus is on Fed meeting. Brexit talks will have impact on Pound. Indian IIP showed strong consumer led revival.
-USDINR is at 73.55. Prior day’s close was 73.65.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 5.94%.
-USDINR 1 yr fwd premia is at 4.28%.
USDINR @ 73.55, EUR/USD 1.2140, GBP/USD @ 1.3321, USD/JPY @ 104.03, EUR/INR @ 89.28, GBP/INR @ 97.97, JPY/INR @ 70.81.
Gold@1837, WTI Crude @ 46.85, Nifty @ 13527(+12), 10 Year G-SEC @ 5.94%