03/10/2018

Major developments:

Rupee is at 73.34.  RBI policy announcement is due tomorrow. Equity indices continue to decline. Crude hits 4 year highs as Iran sanctions near deadline date of Nov 4 th.

-INR is at 73.34. Monday’s close was 72.90. 

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 8.05%. 

-USDINR 1 yr fwd premia is at 4.33%. 

USDINR @ 73.34, EUR/USD 1.1575, GBP/USD @ 1.2994, USD/JPY @ 113.65, EUR/INR @ 84.89, GBP/INR @ 95.29, JPY/INR @ 64.53.

Gold@1206, WTI Crude @ 75.20, Nifty @ 10914 (-95), 10 Year G-SEC @ 8.05.