FX RATES AND USDINR FWDS :

Major developments:

USD is now at 82.70. USDINR opened at 82.82. Fwd premia – 1 year fwdpremia is at 1.95% p.a. 
-Rupee gained due to Adani group’s inflow of USD 1 bn.

RBI ref rate: 

-USDINR is at 82.70.Prior day’s close was 82.80.
-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 7.01%.
-USDINR 1 yr fwd premia is at 1.95%.

USDINR @ 82.70, EUR/USD@ 1.0779, GBP/USD @ 1.2431, USD/JPY @ 138.44, EUR/INR @ 89.15, GBP/INR @ 102.81, JPY/INR @ 59.74.
Gold@1980, Brent Crude @ 77.70, Nifty @ 18377(+29), 10 Year G-SEC @ 7.01%.

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