FX RATES AND USDINR FWDS

Major developments:

USD is now at 82.80. USDINR opened at 82.80.

Fwd premia – 1 year fwd premia is at 2.52% p.a. US Yields has also moved higher to 4.22%.

RBI ref rate:

-USDINR is at 82.80 .Prior day’s close was 82.75.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.51%.

-USDINR 1 yr fwd premia is at 2.52%.

USDINR @ 82.80, EUR/USD@ 0.9768, GBP/USD @ 1.1201, USD/JPY @ 150.36, EUR/INR @ 80.87, GBP/INR @ 92.73, JPY/INR @ 55.05.

Gold@1625, Brent Crude @ 92.82, Nifty @ 17633(+69), 10 Year G-SEC @ 7.51%.

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