Major developments:
USD is now at 74.95. USDINR opened at 75.02. Expect 74.75-75.25 range for the day.
RBI REF RATE:
-USDINR is at 74.95. Prior day’s close was 74.95.
-Indian Equity indices climb marginally.
-Indian 10 year G-SEC yield is at 6.07%.
-USDINR 1 yr fwd premia is at 4.60%.
USDINR @ 74.95, EUR/USD 1.2029, GBP/USD @ 1.3859, USD/JPY @ 107.89, EUR/INR @ 90.15, GBP/INR @ 103.88, JPY/INR @ 69.47.
Gold@1783, WTI Crude @ 61.88, Nifty @ 14446(+40), 10 Year G-SEC @ 6.07%.
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