Major developments:
USD is now at 73.17. USDINR opened at 73.17. Expect 73.14-73.30 range for the day.
Indian Equity indices are in rally mode. 1 Year fwd premia climbs to 4.7% p.a.
-USDINR is at 73.17. Prior day’s close was 73.28.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 5.95%.
-USDINR 1 yr fwd premia is at 4.70%.
USDINR @ 73.17, EUR/USD 1.2096, GBP/USD @ 1.3609, USD/JPY @ 104, EUR/INR @ 88.51, GBP/INR @ 99.59, JPY/INR @ 70.36.
Gold@1839, WTI Crude @ 52.35, Nifty @ 14454(+173), 10 Year G-SEC @ 5.95%.
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