Major developments:
USD is now at 79.80. USDINR opened at 79.78. Today, the pair could trade in the 79.70-79.90
Zone. 1 year fwd premia is at 2.80% p.a. Markets await US Fed decision.
RBI REF RATES:
-USDINR is at 79.80 .Prior day’s close was 79.75.
-Indian Equity indices decline marginally.
-Indian 10 year G-SEC yield is at 7.27%.
-USDINR 1 yr fwd premia is at 2.80%.
USDINR @ 79.80, EUR/USD@ 0.9961, GBP/USD @ 1.1374, USD/JPY @ 143.82, EUR/INR @ 79.53, GBP/INR @ 90.78 JPY/INR @ 55.49.
Gold@1670, Brent Crude @ 90.70, Nifty @ 17792(-24), 10 Year G-SEC @ 7.27%.
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