Major developments:
USD is now at 76.62. USDINR opened at 76.69. Today, the pair could trade in the 76.45-76.75
Zone. EURO is below 1.07.
Focus will be on US GDP, Spending and inflation data.
RBI REF RATES:
-USDINR is at 76.62 .Prior day’s close was 76.58.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 7.06%.
-USDINR 1 yr fwd premia is at 3.80%.USDINR @ 76.62, EUR/USD 1.0651, GBP/USD @ 1.2587, USD/JPY @ 127.63, EUR/INR @ 81.60, GBP/INR @ 96.44JPY/INR @ 60.03Gold@1898, WTI Crude @ 101.89, Nifty @ 17040(-156), 10 Year G-SEC @ 7.06%.
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