Major developments:
USD is now at 74.03. USDINR opened at 74.03. Expect 73.90-74.20 range for the day.
RBI REF RATE:
-USDINR is at 74.03. Prior day’s close was 74.04.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 6.05%.
-USDINR 1 yr fwd premia is at 4.72%.
USDINR @ 74.03, EUR/USD 1.2117, GBP/USD @ 1.3938, USD/JPY @ 108.85, EUR/INR @ 89.70, GBP/INR @ 103.18, JPY/INR @ 68.
Gold@1768, WTI Crude @ 64.45, Nifty @ 14810(-83), 10 Year G-SEC @ 6.05%.
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