08/02/2021

Major developments:

USD is now at 72.84. USDINR opened at 72.88. Expect 72.80-72.95 range for the day. Indian Equity index rally is unabated.

-USDINR is at 72.84. Prior day’s close was 72.92.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.04%.

-USDINR 1 yr fwd premia is at 4.96%.

USDINR @ 72.84, EUR/USD 1.2040, GBP/USD @ 1.3731, USD/JPY @ 105.50, EUR/INR @ 87.70, GBP/INR @ 100.01, JPY/INR @ 69.07.

Gold@1812, WTI Crude @ 57.45, Nifty @ 15116(+193), 10 Year G-SEC @ 6.04%.

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