09/11/2018

Major developments:

Rupee is at 72.76. Equity markets climb higher. Crude declines further on inventory rise. 1 year fwd premia declines to 4% as yields decline further.

-INR is at 72.76. Tuesday’s close was 73.

-Indian Equity climb.

-Indian 10 year G-SEC yield is at 7.78%.

-USDINR 1 yr fwd premia is at 4.01%.

USDINR @ 72.76, EUR/USD 1.1346, GBP/USD @ 1.3048, USD/JPY @ 113.90, EUR/INR @ 82.55, GBP/INR @ 94.93, JPY/INR @ 63.88.

Gold@1219, WTI Crude @ 60.55, Nifty @ 10615 (+17), 10 Year G-SEC @ 7.78.