FX RATES AND USDINR FWDS :

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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