Major developments:
USD is now at 75.97. USDINR opened at 76.01. The pair could trade in the 75.80-76.10 Zone.
Markets are nervous ahead of US inflation data.
RBI REF RATES:
-USDINR is at 75.97 .Prior day’s close was 75.96.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 7.16%.-USDINR 1 yr fwd premia is at 4.08%.USDINR @ 75.97, EUR/USD 1.0881, GBP/USD @ 1.3028, USD/JPY @ 125.31, EUR/INR @ 82.69, GBP/INR @ 99JPY/INR @ 60.66Gold@1960, WTI Crude @ 96.10, Nifty @ 17469(-205), 10 Year G-SEC @ 7.16%.
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