USD is now at 75.22. USDINR opened at 75.17. Expected range: 75.06-75.27. USD has climbed and Equities have declined steeply as Fed hinted at rate hikes to tame inflation as the job scenario has improved significantly. US GDP data is the key data release for the day.
-USDINR is at 75.22 . The prior day’s close was 74.78.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 6.73%.
-USDINR 1 yr fwd premia is at 4.58%.
USDINR @ 75.22, EUR/USD 1.1219, GBP/USD @ 1.3434, USD/JPY @ 114.63, EUR/INR @ 84.38, GBP/INR @ 101.05, JPY/INR @ 65.60.
Gold@1814, WTI Crude @ 86.65, Nifty @ 16950(-328), 10 Year G-SEC @ 6.73%.
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