FX RATES AND USDINR FWDS

Major developments:
 
USD is now at 74.13. USDINR opened at 74.16. Expected range: 73.95-74.20.  US 10 Year yield jumped higher to hit 1.55%.

Though there was a pause in Crude rally y’day,  price remain elevated due to supply shortage and soaring natural gas prices.
Chinese Power 
production has also been hit due to coal shortage, forcing many industrial units to trim down 

production. 
 
USD is supported due to risk aversion and higher US Yields. US senate has to raise debt 
 
ceiling limit within 2 days, otherwise, it will force Govt shutdown.
 
RBI REF RATES:
-USDINR is at 74.13 .Prior day’s close was 74.04.
-Indian Equity indices decline.
 
-Indian 10 year G-SEC yield is at 6.21%.
-USDINR 1 yr fwd premia is at 4.42%.
USDINR @ 74.13, EUR/USD 1.1688, GBP/USD @ 1.3553, USD/JPY @ 111.45, EUR/INR @ 86.64, GBP/INR @ 100.47, JPY/INR @ 66.51
Gold@1740, WTI Crude @ 74, Nifty @ 17652(-95), 10 Year G-SEC @ 6.21%

For all your investment needs feel free to reach us.

Give us Missed Call us on 90037 90027 . For Support : 044-40329999

Leave a reply:

Your email address will not be published.

Site Footer

© 2018 GOODWILL - ALL RIGHTS RESERVED