Major developments:

USD is now at 74.67. Rupee opened at 74.64. Expect 74.45-74.75 range for the day.

-USDINR is at 74.67. Prior day’s close was 74.76.

-Indian Equity indices climb higher.

-Indian 10 year G-SEC yield is at 5.81%.

-USDINR 1 yr fwd premia is at 3.70%.

USDINR @ 74.67, EUR/USD 1.1579, GBP/USD @ 1.2742, USD/JPY @ 107.17, EUR/INR @ 86.46, GBP/INR @ 95.15, JPY/INR @ 69.69.

Gold@1869, WTI Crude @ 42.03, Nifty @ 11163(+30), 10 Year G-SEC @ 5.81.

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