Major developments:

USD is now at 79.85. USDINR opened at 79.81. Today, the pair could trade in the 79.81-79.95

Zone.  1 year fwd premia is at 3.03% p.a.  ECB minutes and Fed Chairman’s speech at

Jackson hole symposium are the key events in the week.

RBI REF RATES: 

-USDINR is at 79.85 .Prior day’s close was 79.81.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.30%.

-USDINR 1 yr fwd premia is at 3.03%.

 USDINR @ 79.85, EUR/USD@ 0.9997, GBP/USD @ 1.1839, USD/JPY @ 136.63, EUR/INR @ 79.81, GBP/INR @ 94.52, JPY/INR @ 58.43.

 Gold@1769, Brent Crude @ 101.75, Nifty @ 17689(+85), 10 Year G-SEC @ 7.30%.

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