Major developments :

USD is now at 82.33. USDINR opened at 82.26. Fwd premia – 1 year fwdpremia is at 2.11% p.a. 
-Rupee gained on expected inflows related to Adani group.
-Indian Equity indices correct higher.
-Focus is on US ISM(services) data
RBI ref rate: 

-USDINR is at 82.33 .Prior day’s close was 82.59.
-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.43%.
-USDINR 1 yr fwd premia is at 2.11%.

USDINR @ 82.33, EUR/USD@ 1.0607, GBP/USD @ 1.1964, USD/JPY @ 136.68, EUR/INR @ 87.33, GBP/INR @ 98.50, JPY/INR @ 60.24
Gold@1844, Brent Crude @ 84.50, Nifty @ 17525(+204), 10 Year G-SEC @ 7.43%.

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