FX RATES AND USDINR FWDS

Major developments :

USD is now at 75.27. USDINR opened at 75.42. Expected range: 75.15-75.45. 

Indian IIP, CPI and US CPI are key data events for the week.

RBI REF RATES:

-USDINR is at 75.27 .Prior day’s close was 75.49.

-Indian Equity indices decline marginally.

-Indian 10 year G-SEC yield is at 6.33%.

-USDINR 1 yr fwd premia is at 4.42%.

USDINR @ 75.27, EUR/USD 1.1561, GBP/USD @ 1.3605, USD/JPY @ 113.30, EUR/INR @ 87.02, GBP/INR @ 102.41, JPY/INR @ 66.44.

Gold@1762, WTI Crude @ 80.77, Nifty @ 17931(-14), 10 Year G-SEC @ 6.33%.

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