Major developments:

USD is now at 79.80. USDINR opened at 79.77. Today, the pair could trade in the 79.80-80.02

Zone.  1 year fwd premia is at 3.05% p.a. Focus is on ECB meeting.

-USDINR is at 79.80 .Prior day’s close was 79.87.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.42%.

-USDINR 1 yr fwd premia is at 3.05%.

 USDINR @ 79.80, EUR/USD 1.0093, GBP/USD @ 1.1888, USD/JPY @ 138.31, EUR/INR @ 80.57, GBP/INR @ 94.88, JPY/INR @ 57.58.

 Gold@1713, Brent Crude @ 101.85, Nifty @ 16186(+137), 10 Year G-SEC @ 7.42%.

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