??? The Rupee appreciated as inflation numbers came higher than expected, fuelling speculation of further tightening measures in the coming policy meeting. The USD/INR pair ended at 41.76 from 42.08 earlier.

??? The 6-month and 1-year forward premium was at 6.49% and 4.91% as compared to 6.10% and 4.68% previously.

??? The Euro is heading for a fourth week of gains against the dollar as ECB policy makers signaled higher interest rates are needed to contain inflation. USD/JPY was at 118.88 from 117.89 yesterday. EUR/USD was at 1.3595 from 1.3594 yesterday and GBP/USD was at 2.0027 from 2.0017 yesterday.

*These levels are taken at 20:15 IST.