FX RATES AND USDINR FWDS :

  1. Major developments:
USD is now at 74.84. USDINR opened at 74.85. Expect 74.60-75 range for the day. 
 
RBI REF RATE:
-USDINR is at 74.84. Prior day’s close was 75.02.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.03%.
-USDINR 1 yr fwd premia is at 4.65%.
USDINR @ 74.84, EUR/USD 1.2109, GBP/USD @ 1.3903, USD/JPY @ 107.72, EUR/INR @ 90.63, GBP/INR @ 104.04, JPY/INR @ 69.15.
Gold@1780, WTI Crude @ 61.88, Nifty @ 14532(+185), 10 Year G-SEC @ 6.03%.
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