FX RATES AND USDINR FWDS

Major developments:

USD is now at 74.83. USDINR opened at 74.69. Expect 74.68- 74.95 range for the day.

Indian Equities climb.. RBI MPC meeting is taking place. RBI decision will be known tomorrow.

US CPI data is another key event for the week.

 RBI REF RATES:
 

 
 -USDINR is at 74.83 .Prior day’s close was 74.75.

 -Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.81%.

-USDINR 1 yr fwd premia is at 4.45%.

USDINR @ 74.83, EUR/USD 1.1423, GBP/USD @ 1.3556, USD/JPY @ 115.50, EUR/INR @ 85.49, GBP/INR @ 101.45

JPY/INR @ 64.80.

Gold@1830, WTI Crude @ 89.55, Nifty @ 17402(+135), 10 Year G-SEC @ 6.81%.

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