Major developments:

USD is now at 79.62. USDINR opened at 79.68. Today, the pair could trade in the 79.50-79.73
Zone. 1 year fwd premia is at 2.80% p.a. US Fed meeting and BOE meetings are the keyevents for the week.

RBI REF RATES:

-USDINR is at 79.62 .Prior day’s close was 79.73.
-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.27%.
-USDINR 1 yr fwd premia is at 2.80%.

USDINR @ 79.62, EUR/USD@ 1.0021, GBP/USD @ 1.1425, USD/JPY @ 143.31, EUR/INR @ 79.78, GBP/INR @ 90.97JPY/INR @ 55.55.
Gold@1681, Brent Crude @ 92, Nifty @ 17858(+236), 10 Year G-SEC @ 7.27%.

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