FX RATES AND USDINR FWDS

Major developments:

USD is now at 81.82. USDINR opened at 81.80.

Fwd premia – 1 year fwd premia is at 2.14% p.a. 

Fed Minutes is the key event for the day.

US market is closed tomorrow for Thanks giving. 

RBI ref rate:

-USDINR is at 81.82 .Prior day’s close was 81.67.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 7.28%.

-USDINR 1 yr fwd premia is at 2.14%.

USDINR @ 81.82, EUR/USD@ 1.0314, GBP/USD @ 1.1874, USD/JPY @ 141.44, EUR/INR @ 84.39, GBP/INR @ 97.16, JPY/INR @ 57.86

Gold@1734, Brent Crude @ 88, Nifty @ 18266(+22), 10 Year G-SEC @ 7.28%.

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