Major developments:

USD is now at 72.47. USDINR opened at 72.52. Expect 72.37-72.55 range for the day.

-USDINR is at 72.47. Prior day’s close was 72.62.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.14%.

-USDINR 1 yr fwd premia is at 5.22%.

USDINR @ 72.47, EUR/USD 1.1779, GBP/USD @ 1.3763, USD/JPY @ 109.25, EUR/INR @ 85.35, GBP/INR @ 99.73, JPY/INR @ 66.33.

Gold@1725, WTI Crude @ 59.23, Nifty @ 14497(+172), 10 Year G-SEC @ 6.14%.

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