FX RATES AND USDINR FWDS :

Major developments:

USD is now at 81.78. USDINR opened at 81.77. Fwd premia – 1 year fwdpremia is at 2.34% p.a. 
-Union budget’s implications for markets will be known later today.

-US FOMC meeting, ISM and employment data are key events for USD’S trend against majors.
-Fed will maintain hawkish tone, to lower expectations on easing of rates.
-ECB is expected to deliver 50 bps rate hike on Thursday. BOE is also expected to raise rates by 50 bps.

RBI ref rate: 

-USDINR is at 81.78 .Prior day’s close was 81.93.
-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.33%.
-USDINR 1 yr fwd premia is at 2.34%.

USDINR @ 81.78, EUR/USD@ 1.0866, GBP/USD @ 1.2317, USD/JPY @ 130.09, EUR/INR @ 88.85, GBP/INR @ 100.72, JPY/INR @ 62.85.
Gold@1913, Brent Crude @ 85.75, Nifty @ 17764(+102), 10 Year G-SEC @ 7.33%.

Click to open an Account : https://ekyc.gwcindia.in/client/

For all your investment needs feel free to reach us.

Give us Missed Call us on 90037 90027 . For Support : 044-40329999

Leave a reply:

Your email address will not be published.

Site Footer

© 2018 GOODWILL - ALL RIGHTS RESERVED