Major developments:
USD is now at 81.79. USDINR opened at 81.75. Fwd premia – 1 year fwdpremia is at 2.11% p.a.
-Rupee continues to maintain its gains and hit 81.72
-Indian Equity indices climb higher.
-Focus is on US NFP data.
RBI ref rate:
-USDINR is at 81.79 .Prior day’s close was 81.97.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 7.41%.
-USDINR 1 yr fwd premia is at 2.11%.
USDINR @ 81.79, EUR/USD@ 1.0646, GBP/USD @ 1.2038, USD/JPY @ 135.66, EUR/INR @ 87.08, GBP/INR @ 98.46, JPY/INR @ 60.16.
Gold@1860, Brent Crude @ 85, Nifty @ 17785(+191), 10 Year G-SEC @ 7.41%.
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