Major developments:

USD is now at 81.65. USDINR opened at 81.48.

Fwd premia – 1 year fwd premia is at 2.27% p.a.

US GDP, Durables order, EU. UK PMI surveys are key events for the week.

RBI ref rate:

-USDINR is at 81.65 .Prior day’s close was 81.39.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.36%.

-USDINR 1 yr fwd premia is at 2.27%.

USDINR @ 81.65, EUR/USD@ 1.0875, GBP/USD @ 1.2383, USD/JPY @ 130.22, EUR/INR @ 88.79, GBP/INR @ 101.10, JPY/INR @ 62.70

Gold@1934, Brent Crude @ 88, Nifty @ 18155(+35), 10 Year G-SEC @ 7.36%.

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