Major developments:

USD is now at 71.16. Rupee opened at 71.12. Expect 71.05-71.25 range for the day.

-USDINR is at 71.16. Friday’s close was 71.12.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 6.58%.

-USDINR 1 yr fwd premia is at 4.28%.

USDINR @ 71.16, EUR/USD 1.1079, GBP/USD @ 1.3011, USD/JPY @ 109.42, EUR/INR @ 78.83, GBP/INR @ 92.58,

JPY/INR @ 65..03.

Gold@1480, WTI Crude @ 60.25, Nifty @ 12280(+7), 10 Year G-SEC @ 6.58.