FX RATES AND USDINR FWDS

Major developments:

USD is now at 74.76. USDINR opened at 74.66. Expect 74.65-74.90 range for the day. Indian equity indices are up marginally.

RBI REF RATE:

-USDINR is at 74.76. Prior day’s close was 74.95.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.09%.

-USDINR 1 yr fwd premia is at 4.62%.

USDINR @ 74.76, EUR/USD 1.2059, GBP/USD @ 1.3996, USD/JPY @ 108.22, EUR/INR @ 90.15, GBP/INR @ 104.64, JPY/INR @ 69.10.

Gold@1770, WTI Crude @ 64.05, Nifty @ 14439(+80), 10 Year G-SEC @ 6.09%.

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FX RATES AND USDINR FWDS

FX WEEKLY UPDATE

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