FX RATES AND USDINR FWDS :

Major developments:

 
USD is now at 73.11. USDINR opened at 73.15. Expect 73.03-73.15 range for the day.
 
-USDINR is at 73.11. Prior day’s close was 73.03.
 
-Indian Equity indices trade flat.
-Indian 10 year G-SEC yield is at 5.86%.
-USDINR 1 yr fwd premia is at 4.59%.
 
USDINR @ 73.11, EUR/USD 1.2269, GBP/USD @ 1.3590, USD/JPY @ 102.97, EUR/INR @ 89.70, GBP/INR @ 99.37, JPY/INR @ 71.01.
 
Gold@1941, WTI Crude @ 47.38, Nifty @ 14125(-7), 10 Year G-SEC @ 5.86%.

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