FX RATES AND USDINR FWDS

USD is now at 74.37. USDINR opened at 74.32. Expected range: 74.24-74.40. US GDP growth was lower than expected. Personal spending, income and Core PCE index are the data releases for the day. Weaker data could drag USD lower. US Corporate earnings have supported Global indices.
RBI ref rates:
-USDINR is at 74.37. Prior day’s close was 74.28.
-Indian Equity indices gain.
-Indian 10 year G-SEC yield is at 6.20%.
-USDINR 1 yr fwd premia is at 4.31%.
USDINR @ 74.37, EUR/USD 1.1881, GBP/USD @ 1.3943, USD/JPY @ 109.56, EUR/INR @ 88.37, GBP/INR @ 103.71
 , JPY/INR @ 67.89
Gold@1827, WTI Crude @ 73.03, Nifty @ 15804(+27), 10 Year G-SEC @ 6.20%.

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