FX RATES AND USDINR FWDS 

Major developments:

USD is now at 78.03. USDINR opened at 77.99. Today, the pair could trade in the 77.95-78.10 Zone.  

1 year fwd premia is at 3.38% p.a. US 10 Year yield climbed to 3.43%.

US FOMC decision is expected later tonight. 

-USDINR is at 78.03 .Prior day’s close was 78.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 7.59%.

-USDINR 1 yr fwd premia is at 3.38%.

USDINR @ 78.03, EUR/USD 1.0427, GBP/USD @ 1.1996, USD/JPY @ 134.96, EUR/INR @ 81.38, GBP/INR @ 93.65 JPY/INR @ 57.84.

Gold@1817, WTI Crude @ 119, Nifty @ 15706(-28), 10 Year G-SEC @ 7.59%

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