USD is now at 75.81. USDINR opened at 75.92. The pair could trade in the 75.67-75.99 Zone.
USD was supported by Fed Minutes. Fed members felt that asset purchases should be
stopped completely in upcoming meeting and rates have to climb faster than anticipated
earlier. RBI meeting on Friday is another important event.
-USDINR is at 75.94 .Prior day’s close was 75.76.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 6.91%.-USDINR 1 yr fwd premia is at 3.85%.USDINR @ 75.94, EUR/USD 1.0913, GBP/USD @ 1.3081, USD/JPY @ 123.69, EUR/INR @ 82.87, GBP/INR @ 99.73JPY/INR @ 61.40Gold@1921, WTI Crude @ 97.35, Nifty @ 17683(-124), 10 Year G-SEC @ 6.91%
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