FX RATES AND USDINR FWDS

Major developments:

USD is now at 75.69. USDINR opened at 75.65. Expected range: 75.47-75.68. US CPI data is the key event for the day.

RBI REF RATES:

-USDINR is at 75.69 .Prior day’s close was 75.53.

-Indian Equity indices decline marginally.

-Indian 10 year G-SEC yield is at 6.35%.

-USDINR 1 yr fwd premia is at 4.60%.

USDINR @ 75.69, EUR/USD 1.1298, GBP/USD @ 1.3222, USD/JPY @ 113.53, EUR/INR @ 85.50, GBP/INR @ 100.08

JPY/INR @ 66.68

Gold@1778, WTI Crude @ 70.85, Nifty @ 17464(-52), 10 Year G-SEC @ 6.35%

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