Major developments:

USD is now at 71.02. Rupee opened at 71.08 . Expect 70.85-71.10 range for the day.

Oil prices declined as US President continued to talk tough on Chinese trade issue. Global equities declined on reports of impeachment motion moved against US President.

-USDINR is at 71.02. Y’day’s close was 70.97.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 6.76%.

-USDINR 1 yr fwd premia is at 4.33%.

USDINR @ 71.02, EUR/USD 1.1001, GBP/USD @ 1.2474, USD/JPY @ 107.38, EUR/INR @ 78.12, GBP/INR @ 88.59, JPY/INR @ 66.14.

Gold@1528, WTI Crude @ 57, Nifty @ 11497 (-90), 10 Year G-SEC @ 6.76.