Major developments:

USD is now at 72.94. USDINR opened at 72.95. Expect 72.90-73.05 range for the day.

Focus is on US Fed meeting and US GDP. USD/INR fwd premia climbs steeply.

-USDINR is at 72.94. Prior day’s close was 72.97.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 5.94%.

-USDINR 1 yr fwd premia is at 4.85%.

USDINR @ 72.94, EUR/USD 1.2178, GBP/USD @ 1.3708, USD/JPY @ 103.74, EUR/INR @ 88.81, GBP/INR @ 99.98, JPY/INR @ 70.31.

Gold@1854, WTI Crude @ 52.25, Nifty @ 14385(+18), 10 Year G-SEC @ 5.94%.

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