27/09/2018

Major developments:

Rupee is at 72.55.  FOMC hikes rate by 25 bps. Rupee declines after early gains. Equity markets trade steady. Indian Govt hikes customs duty on 19 items.

-INR is at 72.55. y’day’s close was 72.61. 

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 8.07%. 

-USDINR 1 yr fwd premia is at 4.50%. 

USDINR @ 72.55, EUR/USD 1.1749, GBP/USD @ 1.3151, USD/JPY @ 112.74, EUR/INR @ 85.23, GBP/INR @ 95.41, JPY/INR @ 64.35.

Gold@1197, WTI Crude @ 72.39, Nifty @ 11044 (-9), 10 Year G-SEC @ 8.07.