Major developments:

USD is now at 71.20. Rupee opened at 71.24. Expect 71.15-71.30 range for the day.

USD Index gained on strong US data. Global equities rallied as Coronavirus fears subside.

-USDINR is at 71.21. Y’day’s close was 71.21.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.50%.

-USDINR 1 yrfwdpremia is at 4.10%.

USDINR @ 71.21, EUR/USD 1.0999, GBP/USD @ 1.2984, USD/JPY @ 109.93, EUR/INR @ 78.32, GBP/INR @ 92.45

JPY/INR @ 64.78.

Gold@1555, WTI Crude @ 52.20, Nifty @ 12100(+11), 10 Year G-SEC @ 6.50.