Major developments:

USD is now at 82.31. USDINR opened at 82.28. Fwd premia – 1 year fwd

premia is at 1.75% p.a. Crude oil declined to 1 year low.

RBI ref rate:

-USDINR is at 82.31 .Prior day’s close was 82.48.

-Indian Equity indices trades flat.

-Indian 10 year G-SEC yield is at 7.26%.

-USDINR 1 yr fwd premia is at 1.75%.

USDINR @ 82.31, EUR/USD@ 1.0497, GBP/USD @ 1.2182, USD/JPY @ 137.07, EUR/INR @ 86.41, GBP/INR @ 100.28, JPY/INR @ 60.05

Gold@1795, Brent Crude @ 77.80, Nifty @ 18580(+19), 10 Year G-SEC @ 7.26%.

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