FX RATES AND USDINR FWDS

04/01/2021

Major developments:

USD is now at 72.99. USDINR opened at 72.92. Expect 72.85-73.05 range for the day.

-USDINR is at 72.99. Prior day’s close was 73.12.

-Indian Equity indices trade flat.

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

-USDINR 1 yr fwd premia is at 4.59%.

USDINR @ 72.99, EUR/USD 1.2245, GBP/USD @ 1.3672, USD/JPY @ 103.05, EUR/INR @ 89.38, GBP/INR @ 99.79, JPY/INR @ 71.03.

Gold@1925, WTI Crude @ 49.05, Nifty @ 13997(-21), 10 Year G-SEC @ 5.89%.

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