Major developments :
USD is now at 82.81. USDINR opened at 82.79. Fwd premia – 1 year fwdpremia is at 2.10% p.a.
-US 10 Year yield climbed to 3.95%.
-EU and UK PMI data indicates resilience in economy.
-Inflation and employment data also continues to be strong.
-US FOMC minutes, Core PCE data and EU PMI data are important events for the week.
RBI ref rate:
-USDINR is at 82.81 .Prior day’s close was 82.79.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 7.41%.
-USDINR 1 yr fwd premia is at 2.11%.
USDINR @ 82.81, EUR/USD@ 1.0656, GBP/USD @ 1.2104, USD/JPY @ 134.85, EUR/INR @ 88.25, GBP/INR @ 100.23, JPY/INR @ 61.40.
Gold@1844, Brent Crude @ 82.75, Nifty @ 17665(-160), 10 Year G-SEC @ 7.41%.
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