Major developments:
USD is now at 74.60. USDINR opened at 74.75. Expect 74.40-74.95 range for the day. Indian equity indices are up.
RBI REF RATE:
-USDINR is at 74.60. The prior day’s close was 74.61.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.01%.
-USDINR 1 yr fwd premia are at 4.50%.
USDINR @ 74.60, EUR/USD 1.1904, GBP/USD @ 1.3733, USD/JPY @ 109.36, EUR/INR @ 88.80, GBP/INR @ 102.45, JPY/INR @ 59.70.
Gold@1752, WTI Crude @ 59.70, Nifty @ 14895(+21), 10 Year G-SEC @ 6.01%.
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