Major developments:
USD is now at 74.58. USDINR opened at 74.64. Expected range: 74.54-74.75. US FOMC meeting is the key event. Indian OCT trade deficit was reported at USD 19.9 bn. Exports rose to USD 35.5 bn.
RBI REF RATES:
-USDINR is at 74.58 .Prior day’s close was 74.69.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.36%.
-USDINR 1 yr fwd premia is at 4.65%.
USDINR @ 74.58, EUR/USD 1.1585, GBP/USD @ 1.3632, USD/JPY @ 113.86, EUR/INR @ 86.41, GBP/INR @ 101.66, JPY/INR @ 65.50.
Gold@1782 WTI Crude @ 82.55, Nifty @ 17965(+76), 10 Year G-SEC @ 6.36%.
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