FX RATES AND USDINR FWDS :

Major developments:

USD is now at 82.82. USDINR opened at 82.79. Fwd premia – 1 year fwdpremia is at 1.90% p.a. Expect  82.70-82.85 range for the day.

RBI ref rate: 

-USDINR is at 82.82.

Prior day’s close was 82.67.
-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7%.
-USDINR 1 yr fwd premia is at 1.90%.
USDINR @ 82.82, EUR/USD@ 1.0814, GBP/USD @ 1.2445, USD/JPY @ 137.92, EUR/INR @ 89.56, GBP/INR @ 103.05, JPY/INR @ 60.04.
Gold@1976, Brent Crude @ 75.05, Nifty @ 18297(+94), 10 Year G-SEC @ 7%.

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