Major developments:
USD is now at 75.48. USDINR opened at 75.45. Expected range: 75.35-75.50. RBI maintained
status quo on rates and continued its accommodative stance.
RBI REF RATES:
-USDINR is at 75.48 .Prior day’s close was 75.44.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.35%.
-USDINR 1 yr fwd premia is at 4.60%.
USDINR @ 75.48, EUR/USD 1.1295, GBP/USD @ 1.3254, USD/JPY @ 113.51, EUR/INR @ 85.25, GBP/INR @ 100.03, JPY/INR @ 66.50
Gold@1791, WTI Crude @ 71.75, Nifty @ 17411(+235), 10 Year G-SEC @ 6.35%
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