FX RATES AND USDINR FWDS

Major developments:

USD is now at 78.90. USDINR opened at 78.82. Today, the pair could trade in the 78.78-79.10 Zone.  

1 year fwd premia is at 2.88% p.a. US ISM(mfrg), Consumer spending are key data events for the week. 

USDINR is at 78.90 .Prior day’s close was 78.78.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 7.46%.

-USDINR 1 yr fwd premia is at 2.88%.

 USDINR @ 78.90, EUR/USD 1.0513, GBP/USD @ 1.2199, USD/JPY @ 136.13, EUR/INR @ 82.92, GBP/INR @ 96.21

 JPY/INR @ 57.95.

 Gold@1822, WTI Crude @ 111, Nifty @ 15758(-92), 10 Year G-SEC @ 7.46%.

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