FX RATES AND USDINR FWDS

Major developments:

USD is now at 75.13. USDINR opened at 75.20. Expect 75.05- 75.26 range for the day.

FOMC minutes and US retail sales are key events for the week.

-USDINR is at 75.13 .Prior day’s close was 75.33.

-Indian Equity indices decline after bright start.

-Indian 10 year G-SEC yield is at 6.66%.

-USDINR 1 yr fwd premia is at 3.95%.

USDINR @ 75.13, EUR/USD 1.1352, GBP/USD @ 1.3549, USD/JPY @ 115.68, EUR/INR @ 85.30, GBP/INR @ 101.78

JPY/INR @ 65.07

Gold@1854, WTI Crude @ 92.15, Nifty @ 17284(-67), 10 Year G-SEC @ 6.66%

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