Major developments:
USD is now at 74.59. USDINR opened at 74.67. Expect 74.50-74.75 range for the day.
RBI REF RATE:
-USDINR is at 74.59. Prior day’s close was 74.72.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.04%.
-USDINR 1 yr fwd premia is at 4.69%.
USDINR @ 74.59, EUR/USD 1.2073, GBP/USD @ 1.3889, USD/JPY @ 108.22, EUR/INR @ 90.06, GBP/INR @ 103.59, JPY/INR @ 68.93.
Gold@1780, WTI Crude @ 62.25, Nifty @ 14557(+71), 10 Year G-SEC @ 6.04%.
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