Major developments:
USD is now at 74.95. USDINR opened at 75.02. Expected range: 74.80-75.05.
ECB meeting is the focus event for the week.
RBI REF RATES:
-USDINR is at 74.95 .Prior day’s close was 74.95.
-Indian Equity indices climb marginally.
-Indian 10 year G-SEC yield is at 6.36%.
-USDINR 1 yr fwd premia is at 4.62%.
USDINR @ 74.95, EUR/USD 1.1604, GBP/USD @ 1.3771, USD/JPY @ 114.04, EUR/INR @ 86.97, GBP/INR @ 103.21, JPY/INR @ 65.72.
Gold@1787, WTI Crude @ 84, Nifty @ 18283(+16), 10 Year G-SEC @ 6.36%.
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