Major developments:
USD is now at 72.55. USDINR opened at 72.55. Expect 72.40-72.65 range for the day.
US retail sales declined more than expected. FOMC meeting outcome will be awaited.
-USDINR is at 72.55. The prior day’s close was 72.55.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 6.18%.
-USDINR 1 yr fwd premia are at 4.94%.
USDINR @ 72.55, EUR/USD 1.1902, GBP/USD @ 1.3897, USD/JPY @ 109.09, EUR/INR @ 86.35, GBP/INR @ 100.82, JPY/INR @ 66.51.
Gold@1735, WTI Crude @ 64.78, Nifty @ 14857(-53), 10 Year G-SEC @ 6.18%.
For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support: 044-40329999
