USD is now at 81.10. USDINR opened at 81.10.
Fwd premia – 1 year fwd premia is at 1.95% p.a.
Indian Core sector growth slumped to 0.1% in Oct from prior month reading of 7.8%.US Core PCE data and employment data are key data releases for this week.
Fed Chief indicated that rate hikes may slow, but it will be a long way to consider pausing hikes as inflation is still high.
Indian Equity indices climbed to all time highs. FII inflows remained robust in Nov.
RBI ref rate:
-USDINR is at 81.10 .Prior day’s close was 81.42.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 7.25%.
-USDINR 1 yr fwd premia is at 1.95%.
USDINR @ 81.10, EUR/USD@ 1.0444, GBP/USD @ 1.2102, USD/JPY @ 136.63, EUR/INR @ 84.70, GBP/INR @ 98.15, JPY/INR @ 59.35
Gold@1793, Brent Crude @ 86.75, Nifty @ 18828(+69), 10 Year G-SEC @ 7.25%.
Click to open an Account : https://ekyc.gwcindia.in/client/
For all your investment needs feel free to reach us.
Give us Missed Call us on 90037 90027 . For Support : 044-40329999