12/10/2018

Major developments:

Rupee is at 73.80. Decline in Crude Oil has helped Rupee to recover 32 ps today. Equity markets have also climbed on positive sentiment, despite deep fall in US Equity indices.

Indian CPI and IIP data are other key data events for this week.

-INR is at 73.80. Y’day’s close was 74.12.

-Indian Equity indices climb steeply.

-Indian 10 year G-SEC yield is at 7.99%.

-USDINR 1 yr fwd premia is at 4.26%.

USDINR @ 73.80, EUR/USD 1.1589, GBP/USD @ 1.3231, USD/JPY @ 112.44, EUR/INR @ 85.52, GBP/INR @ 97.64, JPY/INR @ 65.63.

Gold@1217, WTI Crude @ 71.73, Nifty @ 10456 (+221), 10 Year G-SEC @ 7.99.