Major developments:

USD is now at 82.28. USDINR opened at 82.15. Fwd premia – 1 year fwd

premia is at 2.35% p.a. Euro climbed above parity. Oil prices rose to 2 week high.

ECB rate decision and US GDP (advance) are key events.

-USDINR is at 82.28 .Prior day’s close was 82.73.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.37%.

-USDINR 1 yr fwd premia is at 2.35%.

USDINR @ 82.28, EUR/USD@ 1.0074, GBP/USD @ 1.1627, USD/JPY @ 145.75, EUR/INR @ 82.87, GBP/INR @ 95.65, JPY/INR @ 56.45.

Gold@1669, Brent Crude @ 94, Nifty @ 17728(+71), 10 Year G-SEC @ 7.37%.

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