22/11/2018

Major developments:

Rupee is at 71.15.Oil declines , but stabilises at lower levels due to upcoming OPEC meet. Rupee movement will be guided by Oil price movement.

-INR is at 71.15. Tuesday’s close was 71.46.

-Indian Equity indices recover after two days of decline.

-Indian 10 year G-SEC yield is at 7.76%.

-USDINR 1 yr fwd premia is at 4.0%.

USDINR @ 71.15, EUR/USD 1.1394, GBP/USD @ 1.2782, USD/JPY @ 113.01, EUR/INR @ 81.06, GBP/INR @ 90.94, JPY/INR @ 62.95.

Gold@1227, WTI Crude @ 54.45, Nifty @ 10637 (+37), 10 Year G-SEC @ 7.76.