Major developments:

USD is now at 71.70. Rupee opened at 71.62. Expect 71.50-71.75 range for the day. US market 

was closed y’day for thanks giving holiday. Indian GDP data is the focus event for the week.

-USDINR is at 71.70. Y’day’s close was 71.60.

-Indian Equity indices decine.

-Indian 10 year G-SEC yield is at 6.47%.

-USDINR 1 yr fwd premia is at 3.85%.

USDINR @ 71.70, EUR/USD 1.1012, GBP/USD @ 1.2912, USD/JPY @ 109.47, EUR/INR @ 78.95,

GBP/INR @ 92.57, JPY/INR @ 65.50.

Gold@1458, WTI Crude @ 58, Nifty @ 12080(-80), 10 Year G-SEC @ 6.47.