10/09/2018

Major developments:

Rupee is at 72.40.  Rupee fall continues in tandem with EM Currencies as US President warns of new tariffs on Chinese products. Indian Finance Secy says that fiscal deficit target will be met .

-INR is at 72.40. Friday close was 71.73. 

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 8.11%. 

-USDINR 1 yr fwd premia is at 4.32%. 

USDINR @ 72.40, EUR/USD 1.1546, GBP/USD @ 1.2912, USD/JPY @ 110.95, EUR/INR @ 83.59, GBP/INR @ 93.48, JPY/INR @ 65.25.

Gold@1193, WTI Crude @ 68.10, Nifty @ 11511 (-78), 10 Year G-SEC @ 8.11.