Major developments:
USD is now at 73.24. USDINR opened at 73.22. Expect 73.15-73.28 range for the day.
USD rallied against Euro last week. Indian Equity indices declined even as IT Companies and HDFC bank reported better than expected results.
-USDINR is at 73.24. Prior day’s close was 73.07.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 5.98%.
-USDINR 1 yr fwd premia is at 4.65%.
USDINR @ 73.24, EUR/USD 1.2069, GBP/USD @ 1.3565, USD/JPY @ 103.73, EUR/INR @ 88.40, GBP/INR @ 99.34, JPY/INR @ 70.51.
Gold@1827, WTI Crude @ 52.05, Nifty @ 14286(-146), 10 Year G-SEC @ 5.98%.
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