Major developments:
USD is now at 75.41. USDINR opened at 75.52. The pair could trade in the 75.20-75.55 Zone. Fed Minutes and RBI meeting on Friday are key events.EURO is weak as fear of recession mounts due to Russian war on Ukraine.
RBI REF RATES:

-USDINR is at 75.41 . Prior day’s close was 75.55.

-Indian Equity indices dip marginally.

-Indian 10 year G-SEC yield is at 6.90%.

-USDINR 1 yr fwd premia is at 3.85%.

USDINR @ 75.41, EUR/USD 1.0971, GBP/USD @ 1.3131, USD/JPY @ 122.44, EUR/INR @ 82.73, GBP/INR @ 99.04, JPY/INR @ 61.59Gold@1929, WTI Crude @ 104.62, Nifty @ 18004(-48), 10 Year G-SEC @ 6.90%.

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