Major developments:

USD is steady at 68.96. Euro is down as ECB may lower rates by 10 bps today or guide the market towards more QE 

in Sept. 

-USDINR is at 68.96. Y’day’s close was 68.95.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 6.44%.

-USDINR 1 yr fwd premia is at 4.36%.

USDINR @ 68.96, EUR/USD 1.1134, GBP/USD @ 1.2474, USD/JPY @ 108.14, EUR/INR @ 76.78, GBP/INR @ 86.02, 

JPY/INR @ 63.76.

Gold@1422, WTI Crude @ 56, Nifty @ 11335 (+64), 10 Year G-SEC @ 6.44