FX RATES AND USDINR FWDS

Major developments:

USD is now at 72.73. USDINR opened at 72.76. Expect 72.65-72.85 range for the day.

-USDINR is at 72.73. Prior day’s close was 72.75.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 6.05%.

-USDINR 1 yr fwd premia is at 5.07%.

USDINR @ 72.73, EUR/USD 1.2039, GBP/USD @ 1.3851, USD/JPY @ 105.89, EUR/INR @ 87.55, GBP/INR @ 100.72 JPY/INR @ 68.69.

Gold@1781, WTI Crude

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