FX RATES AND USDINR FWDS

Major developments:

USD is now at 75.10. USDINR opened at 75.04. Expected range: 75-75.20.

-USDINR is at 75.10 .Prior day’s close was 75.08.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 6.35%.

-USDINR 1 yr fwd premia is at 4.58%.

USDINR @ 75.10, EUR/USD 1.1601, GBP/USD @ 1.3760, USD/JPY @ 113.97, EUR/INR @ 87.12, GBP/INR @ 103.33, JPY/INR @ 65.90

Gold@1806, WTI Crude @ 83.75, Nifty @ 18142(+17), 10 Year G-SEC @ 6.35%

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