FX RATES AND USDINR FWDS

Major developments:

USD is now at 74.36. USDINR opened at 74.38. Expected range: 74.27-74.45. 

-USDINR is at 74.36 .Prior day’s close was 74.44.

-Indian Equity indices gain.

-Indian 10 year G-SEC yield is at 6.36%.

-USDINR 1 yr fwd premia is at 4.60%.

USDINR @ 74.36, EUR/USD 1.1457, GBP/USD @ 1.3434, USD/JPY @ 113.85, EUR/INR @ 85.19, GBP/INR @ 99.89

JPY/INR @ 65.29.

Gold@1860, WTI Crude @ 79.15, Nifty @ 18156(+54), 10 Year G-SEC @ 6.35%.

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