Major developments:

USD is now at 71.21. Rupee opened at 71.24. Expect 71.18-71.30 range for the day.

Indian CPI, IIP data, US CPI, retail sales and EU GDP data are the key data releases for this

week. Rupee gained 10 ps due to gains in CNY and fall in Crude.

-USDINR is at 71.21. Y’day’s close was 71.30.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.46%.

-USDINR 1 yr fwd premia is at 3.91%.

USDINR @ 71.21, EUR/USD 1.0910, GBP/USD @ 1.2915, USD/JPY @ 109.90, EUR/INR @ 77.69, GBP/INR @ 91.96

JPY/INR @ 64.80

Gold@1568, WTI Crude @ 50.37, Nifty @ 12152(+121), 10 Year G-SEC @ 6.46.