Major developments:
USD is now at 72.42. USDINR opened at 72.51. Expect 72.38-72.60 range for the day.
-USDINR is at 72.42. Prior day’s close was 72.51.
-Indian Equity indices decline marginally.
-Indian 10 year G-SEC yield is at 6.18%.
-USDINR 1 yr fwd premia is at 5.05%.
USDINR @ 72.42, EUR/USD 1.1893, GBP/USD @ 1.3853, USD/JPY @ 108.82, EUR/INR @ 86.13, GBP/INR @ 100.34, JPY/INR @ 66.60.
Gold@1740, WTI Crude @ 61.11, Nifty @ 14703(-40), 10 Year G-SEC @ 6.18%.
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