Major developments:

USD is now at 70.87. Rupee opened at 70.77 . Expect 70.74-70.94 range for the day. 

-USDINR is at 70.87. Y’day’s close was 70.91.

-Indian Equity indices trade marginally higher.

-Indian 10 year G-SEC yield is at 6.52%.

-USDINR 1 yr fwd premia is at 4.10%.

USDINR @ 70.87, EUR/USD 1.1134, GBP/USD @ 1.2918, USD/JPY @ 108.61, EUR/INR @ 78.90, GBP/INR @ 91.54, JPY/INR @ 65.25.

Gold@1492, WTI Crude @ 55.60, Nifty @ 11623 (+15), 10 Year G-SEC @ 6.52.