Major developments:

USD is now at 73.45. USDINR opened at 73.37. Expect 73.30-73.60 range for the day.

-USDINR is at 73.45. Prior day’s close was 73.48.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 5.90%.

-USDINR 1 yr fwd premia is at 4.10%.

USDINR @ 73.45, EUR/USD 1.1850, GBP/USD @ 1.3279, USD/JPY @ 106.16, EUR/INR @ 87.03, GBP/INR @ 97.55, JPY/INR @ 69.19.

Gold@1945, WTI Crude @ 41, Nifty @ 11401(-126), 10 Year G-SEC @ 5.90.

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