Major developments:

USD is now at 70.94. Rupee opened at 70.91. Expect 70.80-71.05 range for the day. 

BOE meet will be watched.

-USDINR is at 70.94. Y’day’s close was 71.

-Indian Equity indices climb higher.

-Indian 10 year G-SEC yield is at 6.77%.

-USDINR 1 yrfwdpremia is at 4.23%.

USDINR @ 70.94, EUR/USD 1.1149, GBP/USD @ 1.3297, USD/JPY @ 109.53, EUR/INR @ 79.09, GBP/INR @ 94.32,

JPY/INR @ 64.75.

Gold@1477, WTI Crude @ 60.20, Nifty @ 12130(+77), 10 Year G-SEC @ 6.77.