Major developments:

USD is now at 73.29. USDINR opened at 73.34. Expect 73.25-73.45 range for the day.

-USDINR is at 73.29. Prior day’s close was 73.41.

-Indian Equity indices dip marginally.

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

-USDINR 1 yr fwd premia is at 4.48%.

USDINR @ 73.29, EUR/USD 1.2290, GBP/USD @ 1.3552, USD/JPY @ 103.28, EUR/INR @ 90.09, GBP/INR @ 99.34, JPY/INR @ 70.97.

Gold@1889, WTI Crude @ 48.25, Nifty @ 13911(-21), 10 Year G-SEC @ 5.92%.

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