Major developments:
USD is now at 74.51. USDINR opened at 74.56. Expected range: 74.37-74.58. US bank holiday today. ECB Minutes is the key event for the day. US Fed Minutes was hawkish and contributed to deepening of USD rally against mahors.
RBI REF RATES:
-USDINR is at 74.51. The prior day’s close was 74.39.
-Indian Equity indices recover from early decline and is now up 0.35%.
-Indian 10 year G-SEC yield is at 6.37%.
-USDINR 1 yr fwd premia is at 4.78%.
USDINR @ 74.51 EUR/USD 1.1213, GBP/USD @ 1.3344, USD/JPY @ 115.38, EUR/INR @ 83.55, GBP/INR @ 99.42, JPY/INR @ 64.58.
Gold@1792, WTI Crude @ 78.40, Nifty @ 17483(+69), 10 Year G-SEC @ 6.37%.
For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support : 044-40329999.
