Major developments:

USD is now at 82.11. USDINR opened at 82.28. Fwd premia – 1 year fwdpremia is at 2.11% p.a. 
-Rupee declines to 82.28, tracking USD’S rise against majors.
-Fed Chairman said that rates have to go up beyond what was estimated earlier, considering
the totality of strong inflation and economic data.
-Indian Equity indices recover after initial decline.
-Focus is on US NFP data.

RBI ref rate: 

-USDINR is at 82.11 .Prior day’s close was 81.92.
-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 7.46%.
-USDINR 1 yr fwd premia is at 2.11%.

USDINR @ 82.11, EUR/USD@ 1.0532, GBP/USD @ 1.1818, USD/JPY @ 137.88, EUR/INR @ 86.48, GBP/INR @ 97.05, JPY/INR @ 59.55.
Gold@1814, Brent Crude @ 83.45, Nifty @ 17690(-20), 10 Year G-SEC @ 7.46%.

Click to open an Account : https://ekyc.gwcindia.in/client/

For all your investment needs feel free to reach us.

Give us Missed Call us on 90037 90027 . For Support : 044-40329999