Major developments:

USD is now at 71.14. Rupee opened at 71.18. Expect 71.05-71.25 range for the day.

ECB meeting and manufacturing data from EU and UK will be the focus events of this week. 

-USDINR is at 71.14. Y’day’s close was 71.11.

-Indian Equity indices trade flat.

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

-USDINR 1 yr fwd premia is at 4.23%.

USDINR @ 71.14, EUR/USD 1.1096, GBP/USD @ 1.3011, USD/JPY @ 109.95, EUR/INR @ 78.93, GBP/INR @ 92.56 JPY/INR @ 64.70.

Gold@1567, WTI Crude @ 58.40, Nifty @ 12220(-3), 10 Year G-SEC @ 6.63.