Major developments:

USD is now at 73.40. USDINR opened at 73.44. Expect 73.35-73.55 range for the day.

-USDINR is at 73.39. Prior day’s close was 73.50.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 5.92%.

-USDINR 1 yr fwd premia is at 4.50%.

USDINR @ 73.39, EUR/USD 1.2237, GBP/USD @ 1.3487, USD/JPY @ 103.66, EUR/INR @ 89.81, GBP/INR @ 98.96, JPY/INR @ 70.77.

Gold@1881, WTI Crude @ 47.81, Nifty @ 13933(+74), 10 Year G-SEC @ 5.92%.

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