Major developments:
USD is now at 81.72. USDINR opened at 81.76. Fwd premia – 1 year fwdpremia is at 2.22% p.a.
-US CPI and BOE rate decisions are key events for the week.
RBI ref rate:
-USDINR is at 81.72 .Prior day’s close was 81.80.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 7.03%.
-USDINR 1 yr fwd premia is at 2.22%.
USDINR @ 81.72, EUR/USD@ 1.1042, GBP/USD @ 1.2652, USD/JPY @ 134.75, EUR/INR @ 90.23, GBP/INR @ 103.38, JPY/INR @ 60.62.
Gold@2031, Brent Crude @ 75.65, Nifty @ 18207(+136), 10 Year G-SEC @ 7.03%.
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