Major developments:
USD is now at 79.68. USDINR opened at 79.63. Today, the pair could trade in the 79.58-79.75Zone. 1 year fwd premia is at 2.90% p.a. Inflation data is set for release today. Equity marketrally continues to gather steam.
RBI REF RATES:
-USDINR is at 79.68 .Prior day’s close was 79.58.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 7.18%.
-USDINR 1 yr fwd premia is at 2.90%.
USDINR @ 79.68, EUR/USD@ 1.0079, GBP/USD @ 1.1608, USD/JPY @ 143.18, EUR/INR @ 80.39, GBP/INR @ 92.60JPY/INR @ 55.65.
Gold@1723, Brent Crude @ 91.55, Nifty @ 17956(+123), 10 Year G-SEC @ 7.18%.
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