Major developments:

USD is now at 71.88. Rupee opened at 71.85 . Expect 71.75-72.05 range for the day. 

Chinese Yuan climbed to 7.13 as US and China agreed to hold high level talks early next 

month. Oil prices moderated as US stockpiles climbed.

-USDINR is at 71.88. Y’day’s close was 72.08.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.59%.

-USDINR 1 yr fwd premia is at 4.20%.

USDINR @ 71.88, EUR/USD 1.1031, GBP/USD @ 1.2241, USD/JPY @ 106.57, EUR/INR @ 79.29, GBP/INR @ 87.98, 

JPY/INR @ 67.44

Gold@1545, WTI Crude @ 56, Nifty @ 10911 (+67), 10 Year G-SEC @ 6.59.