Major developments:USD is now at 82.75. USDINR opened at 82.65. Fwd premia – 1 year fwdpremia is at 2.15% p.a. Premia continues to fall steeply.RBI ref rate:

-USDINR is at 82.74 .Prior day’s close was 82.67.
-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 7.46%.
-USDINR 1 yr fwd premia is at 2.15%.

USDINR @ 82.74, EUR/USD@ 0.9880, GBP/USD @ 1.1303, USD/JPY @ 148.88, EUR/INR @ 81.75, GBP/INR @ 93.52, JPY/INR @ 55.56.
Gold@1654, Brent Crude @ 91.52, Nifty @ 17718(-12), 10 Year G-SEC @ 7.46%.

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