USD is now at 81.73.
USDINR opened at 81.80. Fwd premia – 1 year fwd premia is at 2.10% p.a.
Oil declines to 81.50 as Covid unrest hits China. Chinese lockdown,
US ISM, Core PCE and employment data are crucial data releases for the week.
Fed Chairman’s speech will be tracked for his views on rate hikes.
RBI ref rate:
-USDINR is at 81.73 .Prior day’s close was 81.67.
-Indian Equity indices climb marginally.
-Indian 10 year G-SEC yield is at 7.26%.
-USDINR 1 yr fwd premia is at 2.10%.
USDINR @ 81.73, EUR/USD@ 1.0360, GBP/USD @ 1.2054, USD/JPY @ 138.54, EUR/INR @ 84.66, GBP/INR @ 98.50, JPY/INR @ 59.19
Gold@1751, Brent Crude @ 81.40, Nifty @ 18532(+19), 10 Year G-SEC @ 7.26%.
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