FX RATES AND USDINR FWDS

Major developments:

USD is now at 74.70. USDINR opened at 75.15. Expect 74.95- 75.20 range for the day. Equity

markets are down 3%. Sensex is down 1800 points. Gold is up and Crude is climbing higher.

Russia has officially invaded Ukraine with Russian troops in important ports and are closing

in on Ukrainian Capital.

US and EU are set to announce more sanctions on Russia.

-USDINR is at 75.08 .Prior day’s close was 74.57.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 6.76%.

-USDINR 1 yr fwd premia is at 4.12%.

USDINR @ 75.08, EUR/USD 1.1235, GBP/USD @ 1.3502, USD/JPY @ 114.61, EUR/INR @ 84.37, GBP/INR @ 101.40

JPY/INR @ 65.50

Gold@1940, WTI Crude @ 96.30, Nifty @ 16580(-482), 10 Year G-SEC @ 6.76%.

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