FX RATES AND USDINR FWDS :

Major developments:

USD is now at 75.06. USDINR opened at 75.17. Expect 74.95- 75.20 range for the day.

RBI REF RATES:
 

-USDINR is at 75.06 .Prior day’s close was 75.07.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 6.68%.

-USDINR 1 yr fwd premia is at 3.98%.

USDINR @ 75.06, EUR/USD 1.1357, GBP/USD @ 1.3582, USD/JPY @ 115.22, EUR/INR @ 85.24, GBP/INR @ 101.95, JPY/INR @ 65.16.

Gold@1877, WTI Crude @ 92.10, Nifty @ 17375(+54), 10 Year G-SEC @ 6.68%.

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