Major developments:
USD is now at 82.05. USDINR opened at 81.95. Fwd premia – 1 year fwdpremia is at 2.32% p.a.
-Indian CPI and IIP data are key events for the week.
-IMF, World bank meetings are taking place this week. There may be release of Global economic forecasts.
-US CPI, retail sales will also be watched closely.
RBI ref rate:
-USDINR is at 82.05 .Prior day’s close was 81.98.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 7.21%.
-USDINR 1 yr fwd premia is at 2.32%.
USDINR @ 82.05, EUR/USD@ 1.0882, GBP/USD @ 1.2401, USD/JPY @ 133.44, EUR/INR @ 89.30, GBP/INR @ 101.76,JPY/INR @ 61.28.
Gold@2014, Brent Crude @ 84.70, Nifty @ 17738(+114), 10 Year G-SEC @ 7.23%.
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