Major developments:

USD is now at 82.72. USDINR opened at 82.80. Fwd premia – 1 year fwd

premia is at 2.05% p.a.  Focus is on US Core PCE data set for release on Friday.

RBI ref rate:

-USDINR is at 82.72 .Prior day’s close was 82.81.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 7.30%.

-USDINR 1 yr fwd premia is at 2.05%.

USDINR @ 82.72, EUR/USD@ 1.0645, GBP/USD @ 1.2123, USD/JPY @ 131.81, EUR/INR @ 88.06, GBP/INR @ 100.29

JPY/INR @ 62.77

Gold@1824, Brent Crude @ 80, Nifty @ 18357(-28), 10 Year G-SEC @ 7.31%.