Major developments:
USD is now at 73.40. USDINR opened at 73.60. Expect 73.25-73.60 range for the day.
-USDINR is at 73.40. Prior day’s close was 73.77.
-Indian Equity indices climb more than 1%.
-Indian 10 year G-SEC yield is at 5.98%.
-USDINR 1 yr fwd premia is at 4.15%.
USDINR @ 73.40, EUR/USD 1.1746, GBP/USD @ 1.2940, USD/JPY @ 105.52, EUR/INR @ 86.21, GBP/INR @ 94.97, JPY/INR @ 69.56.
Gold@1898, WTI Crude @ 40.15, Nifty @ 11405(+158), 10 Year G-SEC @ 5.98%.
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