Major developments:

USD is now at 82.73. USDINR opened at 82.70.

Fwd premia – 1 year fwd premia is at 2.15% p.a.  

FX markets may be in tight range this week, due to holiday season in US and EU.

RBI ref rate:

-USDINR is at 82.73 .Prior day’s close was 82.65.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 7.31%.

-USDINR 1 yr fwd premia is at 2.15%.

USDINR @ 82.73, EUR/USD@ 1.0647, GBP/USD @ 1.2090, USD/JPY @ 132.89, EUR/INR @ 88.08, GBP/INR @ 100,JPY/INR @ 62.11

Gold@1812, Brent Crude @ 85, Nifty @ 18033(+20), 10 Year G-SEC @ 7.31%.