Major developments:

Rupee is at 70. No major event. Crude Oil declines further.

-USDINR is at 69.98. Monday’s close was 70.14.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 7.24%.

-USDINR 1 yr fwd premia is at 4%.

USDINR @ 69.98, EUR/USD 1.1402, GBP/USD @ 1.2696, USD/JPY @ 110.44, EUR/INR @ 79.80, GBP/INR @ 88.84, JPY/INR @ 63.36.

Gold@1272, WTI Crude @ 42.70, Nifty @ 10573 (-89), 10 Year G-SEC @ 7.24.