Major developments:

USD is now at 79.49. USDINR opened at 79.50. Today, the pair could trade in the 79.45-79.60

Zone.  1 year fwd premia is at 2.90% p.a. US retail sales is the key event for the day.

RBI REF RATES: 

-USDINR is at 79.49 .Prior day’s close was 79.44.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 7.17%.

-USDINR 1 yr fwd premia is at 2.90%.

 USDINR @ 79.49, EUR/USD@ 0.9967, GBP/USD @ 1.1525, USD/JPY @ 143.51, EUR/INR @ 79.25, GBP/INR @ 91.60

 JPY/INR @ 55.39.

Gold@1695, Brent Crude @ 94, Nifty @ 17945(-58), 10 Year G-SEC @ 7.17%.

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