USD is now at 75.60. USDINR opened at 75.71. Expect 75.45- 75.75 range for the day.
Russia was cut from SWIFT system and Russian Central bank assets in FCY has been frozen by US and EU.
Russian President ordered his strategic forces to be on alert.
Russia and Ukraine are also holding talks in Belarus to find a solution.
Equity markets are recovering after deep losses. Rupee opened 42 ps lower.
-USDINR is at 75.60 .Prior day’s close was 75.29.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 6.76%.
-USDINR 1 yr fwd premia is at 4.05%.
USDINR @ 75.60, EUR/USD 1.1146, GBP/USD @ 1.3353, USD/JPY @ 115.55, EUR/INR @ 84.25, GBP/INR @ 100.92
JPY/INR @ 65.25
Gold@1910, WTI Crude @ 97, Nifty @ 16585(-72), 10 Year G-SEC @ 6.76%.
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