Major developments:

USD is now at 71.36. Rupee opened at 71.44. Expect 71.30-71.49 range for the day.

-USDINR is at 71.36. Y’day’s close was 71.48.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.49%.

-USDINR 1 yr fwd premia is at 3.85%.

USDINR @ 71.36, EUR/USD 1.1010, GBP/USD @ 1.2847, USD/JPY @ 109.16, EUR/INR @ 78.56, GBP/INR @ 91.67, JPY/INR @ 65.35.

Gold@1459, WTI Crude @ 58.29, Nifty @ 12064(+27), 10 Year G-SEC @ 6.49.