USD is now at 76.62. USDINR opened at 76.56. Today, the pair could trade in the 76.48-76.70 Zone. EURO is below 1.08, Crude has softened to USD 103. Global indices are down.
Focus will be on US GDP, Spending and inflation data.

RBI REF RATES:

-USDINR is at 76.62 .Prior day’s close was 76.48.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 7.09%.-USDINR 1 yr fwd premia is at 3.88%.USDINR @ 76.62, EUR/USD 1.0773, GBP/USD @ 1.2805, USD/JPY @ 128.53, EUR/INR @ 82.55, GBP/INR @ 98.10JPY/INR @ 59.37Gold@1917, WTI Crude @ 99, Nifty @ 16993(-178), 10 Year G-SEC @ 7.09%.

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