FX RATES AND USDINR FWDS :

Major developments:

USD is now at 72.41. USDINR opened at 72.41. Expect 72.32-72.45 range for the day.
-USDINR is at 72.41. Prior day’s close was 72.37.
-Indian Equity indices climb marginally.
-Indian 10 year G-SEC yield is at 6.15%.
-USDINR 1 yr fwd premia is at 5.20%.
USDINR @ 72.41, EUR/USD 1.1924, GBP/USD @ 1.3830, USD/JPY @ 108.73, EUR/INR @ 86.34, GBP/INR @ 100.18, JPY/INR @ 66.59.
Gold@1735, WTI Crude @ 61, Nifty @ 14785(+48), 10 Year G-SEC @ 6.15%.
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