FX RATES AND USDINR FWDS

Major developments:

Rupee is at 73.28. Equity markets recover marginally.  ECB meeting is the key event for the week.

-INR is at 73.28. Wednesday’s close was 73.33.

-Indian Equity indices climb higher.

-Indian 10 year G-SEC yield is at 7.91%.

-USDINR 1 yr fwd premia is at 4.30%.

USDINR @ 73.28, EUR/USD 1.1515, GBP/USD @ 1.3070, USD/JPY @ 112.60, EUR/INR @ 84.38, GBP/INR @ 95.78, JPY/INR @ 65.07.

Gold@1227, WTI Crude @ 69.50, Nifty @ 10333 (+30), 10 Year G-SEC @ 7.91.

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