Major developments:

USD is now at 75.90. Rupee opened at 75.81. Expect 75.80-76.15 range for the day.

Indian Equity indices are trading higher.

-USDINR is at 75.90. Y’day’s close was 75.63.

-Indian Equity indices climb 1.7%.

-Indian 10 year G-SEC yield is at 6.43%.

-USDINR 1 yr fwd premia is at 4.09%.

USDINR @ 75.90, EUR/USD 1.0880, GBP/USD @ 1.2336, USD/JPY @ 108.89, EUR/INR @ 82.57, GBP/INR @ 93.63, JPY/INR @ 69.70.

Gold@1685, WTI Crude @ 25, Nifty @ 9035(+242), 10 Year G-SEC @ 6.43.