Major developments:
USD is now at 82.76. USDINR opened at 82.67. Fwd premia – 1 year fwdpremia is at 2.09% p.a.
-Indian IIP climbed 4.3% and mfg grew by 2.6% in Dec.
-CPI data awaited today.
-US CPI, retail sales and Industrial production data are key events for the week.
-Euro softened back on Friday.
RBI ref rate:
-USDINR is at 82.76 .Prior day’s close was 82.52.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 7.37%.
-USDINR 1 yr fwd premia is at 2.09%.
USDINR @ 82.76666, EUR/USD@ 1.0, GBP/USD @ 1.2044, USD/JPY @ 132.13, EUR/INR @ 88.27, GBP/INR @ 99.68, JPY/INR @ 62.73.
Gold@1870, Brent Crude @ 85.60, Nifty @ 17778(-78), 10 Year G-SEC @ 7.37%.
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