Major developments:

USD is now at 81.69. USDINR opened at 81.70. Fwd premia – 1 year fwdpremia is at 2.31% p.a. RBI ref rate: 

-USDINR is at 81.69 .Prior day’s close was 81.76.
-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.11%.
-USDINR 1 yr fwd premia is at 2.32%.

USDINR @ 81.69, EUR/USD@ 1.1052, GBP/USD @ 1.2475, USD/JPY @ 133.70, EUR/INR @ 90.30, GBP/INR @ 101.93, JPY/INR @ 61.12.
Gold@2008, Brent Crude @ 78, Nifty @ 17844(+30), 10 Year G-SEC @ 7.11%.

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