Major developments:

USD is now at 75.91. Rupee opened at 75.94. Expect 75.80-76 range for the day.

Indian Equity indices are trading higher.

-USDINR is at 75.91. Thursday’s close was 76.19.

-Indian Equity indices decline 4.5%.

-Indian 10 year G-SEC yield is at 6.38%.

-USDINR 1 yr fwd premia is at 4.10%.

USDINR @ 75.91, EUR/USD 1.0829, GBP/USD @ 1.2277, USD/JPY @ 108.78, EUR/INR @ 82.19, GBP/INR @ 93.19 JPY/INR @ 69.77.

Gold@1715, WTI Crude @ 27, Nifty @ 8446(+362), 10 Year G-SEC @ 6.39.