USD is now at 79.06. USDINR opened at 79. Today, the pair could trade in the 78.95-79.14 Zone.
1 year fwd premia is at 3% p.a. FOMC Minutes, US employment data are key Global events for the week.
Indian Monsoon has revived and there is even coverage across India except Central India.
This would help Kharif Crop sowing. Indian Equity markets are in rally mode today.
RBI REF RATES:
-USDINR is at 79.06 .Prior day’s close was 78.95.
-Indian Equity indices climb higher.
-Indian 10 year G-SEC yield is at 7.37%.
-USDINR 1 yr fwd premia is at 3%.
USDINR @ 79.06, EUR/USD 1.0433, GBP/USD @ 1.2106, USD/JPY @ 136.26, EUR/INR @ 82.49, GBP/INR @ 95.71
JPY/INR @ 58.02.
Gold@1812, WTI Crude @ 110.33, Nifty @ 15964(+129), 10 Year G-SEC @ 7.37%.
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