Major developments:

USD is now at 71.72. Rupee opened at 71.85. Expect 71.60-71.85 range for the day.

-USDINR is at 71.72. Y’day’s close was 71.77.

-Indian Equity indices decline marginally.

-Indian 10 year G-SEC yield is at 6.50%.

-USDINR 1 yr fwd premia is at 3.85%.

USDINR @ 71.72, EUR/USD 1.1065, GBP/USD @ 1.2918, USD/JPY @ 108.63, EUR/INR @ 79.30, GBP/INR @ 92.65, JPY/INR @ 66.02.

Gold@1471, WTI Crude @ 56.87, Nifty @ 11930(-37), 10 Year G-SEC @ 6.50.