Major developments:

USD is now at 77.66. USDINR opened at 77.64. Today, the pair could trade in the 77.54-77.70 Zone. 

Indian Q4 GDP is to be released today. 

EURO inflation, US ISM and employment data are key events in this week.

Crude continued to gain as EU agreed on partial block of Russian Oil purchase..

RBI REF RATES: 

-USDINR is at 77.66 .Prior day’s close was 77.54.

-Indian Equity indices decline marginally.

-Indian 10 year G-SEC yield is at 7.45%.

-USDINR 1 yr fwd premia is at 3.80%.

USDINR @ 77.66, EUR/USD 1.0748, GBP/USD @ 1.2619, USD/JPY @ 127.75, EUR/INR @ 83.47, GBP/INR @ 98 JPY/INR @ 60.79

Gold@1855, WTI Crude @ 119, Nifty @ 16612(-49), 10 Year G-SEC @ 7.45%.

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