19/06/2018

Major developments:

Rupee is now at 68.09 as against prior close of 67.98. Global markets are under pressure as US President hints at 10% tariff on USD 200 bn worth of Chinese imports, in addition to 25% tariff on USD 50 bn worth already announced. China has vowed to retaliate quantitatively and qualitatively on any tariff measure.

-INR is at 68.09. Y’day’s close was 67.98. 

-Indian Equity indices decline Asian Equity indices are down, due to continued US- Chinese trade spat.

-Indian 10 year G-SEC yield is at 7.88%. 

-USDINR 1 yr fwd premia is at 4.19%. 

USDINR @ 68.09, EUR/USD 1.1629, GBP/USD @ 1.3223, USD/JPY @ 109.72, EUR/INR @ 79.18, GBP/INR @ 90.03, JPY/INR @ 62.05.

Gold@1285, WTI Crude @ 65.35, Nifty @ 10743 (-56), 10 Year G-SEC @ 7.88.