Major developments:
USD is now at 76.68. USDINR opened at 76.63. Today, the pair could trade in the 76.52-76.75
Zone. EURO continues to slide.
Focus will be on US GDP, Spending and inflation data.
RBI REF RATES:
-USDINR is at 76.68 .Prior day’s close was 76.52.
-Indian Equity indices climb marginally.
-Indian 10 year G-SEC yield is at 7.12%.
-USDINR 1 yr fwd premia is at 3.80%.USDINR @ 76.68, EUR/USD 1.0505, GBP/USD @ 1.2507, USD/JPY @ 129.86, EUR/INR @ 80.54, GBP/INR @ 95.90JPY/INR @ 59.04Gold@1878, WTI Crude @ 100.60, Nifty @ 17093(+47), 10 Year G-SEC @ 7.12%
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