Major developments:

USD is now at 71.31. Rupee opened at 71.26. Expect 71.25-71.40 range for the day. 

OPEC has decided to cut daily production by 5 lac barrels till Mar 2020. US employment  data is the key data release for the day.

-USDINR is at 71.31. Y’day’s close was 71.29.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 6.63%.

-USDINR 1 yrfwdpremia is at 3.88%.

USDINR @ 71.31, EUR/USD 1.1107, GBP/USD @ 1.3157, USD/JPY @ 108.67, EUR/INR @ 79.20, GBP/INR @ 93.82, JPY/INR @ 65.62.

Gold@1475, WTI Crude @ 58.30, Nifty @ 11997(-20), 10 Year G-SEC @ 6.63.