FX RATES AND USDINR FWDS :

Major developments:

USD is now at 73.06. USDINR opened at 73.18. Expect 72.90-73.20 range for the day.  
-USDINR is at 73.06. Prior day’s close was 73.03.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.21%.
-USDINR 1 yr fwd premia is at 4.90%.
USDINR @ 73.06, EUR/USD 1.1903, GBP/USD @ 1.3824, USD/JPY @ 108.43, EUR/INR @ 86.94, GBP/INR @ 100.97, JPY/INR @ 67.46.
Gold@1702, WTI Crude @ 67.10, Nifty @ 15019(+81), 10 Year G-SEC @ 6.21%.

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