Major developments:

USD is now at 82.31. USDINR opened at 82.37. Fwd premia – 1 year fwd

premia is at 2.40% p.a. US Personal income and spending data are key data events for the day.

-USDINR is at 82.31 .Prior day’s close was 82.50.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.39%.

-USDINR 1 yr fwd premia is at 2.40%.

USDINR @ 82.31, EUR/USD@ 0.9986, GBP/USD @ 1.1576, USD/JPY @ 146.13, EUR/INR @ 82.19, GBP/INR @ 95.28, JPY/INR @ 56.32.

Gold@1668, Brent Crude @ 94.18, Nifty @ 17787(+50), 10 Year G-SEC @ 7.39%.

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