Major developments:
USD is now at 74.56. USDINR opened at 74.49. Expected range: 74.38-74.65. US ISM (mfrg) and employment data are the key events for the week.
RBI REF RATES:
-USDINR is at 74.56 .Prior day’s close was 74.26.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.49%.
-USDINR 1 yr fwd premia is at 4.60%.
USDINR @ 74.56, EUR/USD 1.1301, GBP/USD @ 1.3470, USD/JPY @ 115.81, EUR/INR @ 84.28, GBP/INR @ 100.47, JPY/INR @ 64.39.
Gold@1803, WTI Crude @ 76.40, Nifty @ 17707(+81), 10 Year G-SEC @ 6.49%.
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