Major developments:
USD is now at 74.80. USDINR opened at 74.77. Expect 74.70-74.90 range for the day. US
FOMC minutes is the focus event for this week. USD fell against majors and Gold climbed to
2000 USD again. US tech stocks continue to keep indices buoyant.

-USDINR is at 74.80. Prior day’s close was 74.89.
-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 5.97%.
-USDINR 1 yr fwd premia is at 3.95%.
USDINR @ 74.80, EUR/USD 1.1893, GBP/USD @ 1.3136, USD/JPY @ 105.64, EUR/INR @ 88.96, GBP/INR @ 98.25
JPY/INR @ 70.82.
Gold@2000, WTI Crude @ 42.75, Nifty @ 11331(+85), 10 Year G-SEC @ 5.97.

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