Major developments:

USD is now at 82.68. USDINR opened at 82.68. Fwd premia – 1 year fwdpremia is at 2.11% p.a. 

-Repo rates hiked by 25 bps to 6.5%.
-FY 23 GDP is estimated at 7% and FY 24 GDP is likely to be 6.4%.
-FY 24 Average inflation is expected to be 5.3%.
-MPC voted to maintain present monetary stance.
RBI ref rate: 

-USDINR is at 82.69 .Prior day’s close was 82.70.
-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.34%.
-USDINR 1 yr fwd premia is at 2.11%.USDINR @ 82.69, EUR/USD@ 1.0731, GBP/USD @ 1.2052, USD/JPY @ 131.16, EUR/INR @ 88.75, GBP/INR @ 99.65, JPY/INR @ 63.05.
Gold@1887, Brent Crude @ 83.75, Nifty @ 17812(+90), 10 Year G-SEC @ 7.34%.

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