Major developments:
USD is now at 74.95. USDINR opened at 74.98. Expected range: 74.84-75.15. Focus is on US employment data and the evolving Covid situation.
-USDINR is at 74.95 .Prior day’s close was 74.98.
-Indian Equity indices trade flat.
-Indian 10 year G-SEC yield is at 6.35%.
-USDINR 1 yr fwd premia is at 4.78%.
USDINR @ 74.95, EUR/USD 1.1296, GBP/USD @ 1.3291, USD/JPY @ 113.23, EUR/INR @ 84.68, GBP/INR @ 99.63, JPY/INR @ 66.18.
Gold@1773, WTI Crude @ 68, Nifty @ 17385(-16), 10 Year G-SEC @ 6.35%
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