Major developments:

USD is now at 71.61. Rupee opened at 71.51 and has traded to 71.68 today. Expect 71.48-

71.75 range for the day. This week focus will be on Indian stimulus measures, US-China 

trade development and FOMC minutes. Global markets staged a rally on hopes of monetary 

stimulus measures by major central banks.

-USDINR is at 71.61. Y’day’s close was 71.42.

-Indian Equity indices decline marginally.

-Indian 10 year G-SEC yield is at 6.61%.

-USDINR 1 yr fwd premia is at 4.10%.

USDINR @ 71.62, EUR/USD 1.1085, GBP/USD @ 1.2130, USD/JPY @ 106.55, EUR/INR @ 79.38, GBP/INR @ 86.86, 

JPY/INR @ 67.20.

Gold@1495, WTI Crude @ 56, Nifty @ 11004 (-49), 10 Year G-SEC @ 6.61