FX RATES AND USDINR FWDS

Major developments:

USD is now at 79.22. USDINR opened at 79.18. Today, the pair could trade in the 78.18-79.38 Zone.  

1 year fwd premia is at 2.98% p.a. US employment data is the focus data event for the day.

-USDINR is at 79.22 .Prior day’s close was 79.18.

-Indian Equity indices climb higher.

-Indian 10 year G-SEC yield is at 7.39%.

-USDINR 1 yr fwd premia is at 2.97%.

 USDINR @ 79.22, EUR/USD 1.0149, GBP/USD @ 1.2001, USD/JPY @ 135.52, EUR/INR @ 80.40, GBP/INR @ 95.07 JPY/INR @ 58.47.

 Gold@1738, Brent Crude @ 105.50, Nifty @ 16206(+74), 10 Year G-SEC @ 7.39%.

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