FX RATES AND USDINR FWDS

Major developments:

USD is now at 77.77. USDINR opened at 77.71. Today, the pair could trade in the 77.65-77.80 Zone. 

ECB meeting and US CPI data are key events to be watched.

RBI REF RATES: 

-USDINR is at 77.77 .Prior day’s close was 77.73.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 7.52%.

-USDINR 1 yr fwd premia is at 3.72%.

USDINR @ 77.77, EUR/USD 1.0714, GBP/USD @ 1.2514, USD/JPY @ 133.87, EUR/INR @ 83.32, GBP/INR @ 97.31, JPY/INR @ 58.10.

Gold@1854, WTI Crude @ 122, Nifty @ 16355(0), 10 Year G-SEC @ 7.52%

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