Major developments:

USDINR spiked to 69.35 after opening at 69.09 today due to USD buying by a foreign bank. Focus of the week will be on 

Chinese Q1 GDP data and OPEC meeting. China may have grown by 6.3% in Q1. OPEC is likely to extend supply cut 

agreement.

-USDINR is at 69.27. Y’day’s close was 69.17.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 7.40%.

-USDINR 1 yr fwd premia is at 4.32%.

USDINR @ 69.27, EUR/USD 1.1308, GBP/USD @ 1.3095, USD/JPY @ 111.94, EUR/INR @ 78.33, GBP/INR @ 90.70, JPY/INR @ 61.88

Gold@1289, WTI Crude @ 63.75, Nifty @ 11666 (+23), 10 Year G-SEC @ 7.40.