Major developments:
USD is now at 74.83. Rupee opened at 74.83. Expect 74.80-74.95 range for the day.
-USDINR is at 74.83. Prior day’s close was 74.90.
-Indian Equity indices climb higher.
-Indian 10 year G-SEC yield is at 5.90%.
-USDINR 1 yr fwd premia is at 3.85%.
USDINR @ 74.83, EUR/USD 1.1755, GBP/USD @ 1.3090, USD/JPY @ 106.11, EUR/INR @ 87.96, GBP/INR @ 97.94, JPY/INR @ 70.52
Gold@2016, WTI Crude @ 42.27, Nifty @ 11353(+83), 10 Year G-SEC @ 5.90.
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