Major developments:

USD is now at 81.98. USDINR opened at 81.97. Fwd premia – 1 year fwdpremia is at 2.14% p.a. Expect  81.85-82.07 range for the day.
-US CPI moderated to 4.9% y/y. On m/m basis, CPI climbed 0.4%.
-Currencies are stuck in small range.
-Indian CPI and IIP are the focus events for the week.
-BOE is expected to hike rates by 25 bps in its meeting today.

RBI ref rate: 

-USDINR is at 81.98 .Prior day’s close was 82.
-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 7.02%.
-USDINR 1 yr fwd premia is at 2.14%.

USDINR @ 81.98, EUR/USD@ 1.0974, GBP/USD @ 1.2617, USD/JPY @ 134.29, EUR/INR @ 89.97, GBP/INR @ 103.44, JPY/INR @ 61.05.
Gold@2036, Brent Crude @ 77, Nifty @ 18326(+11), 10 Year G-SEC @ 7.02%.

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