Major developments:
USD is now at 73.28. USDINR opened at 73.29. Expected range: 73.20-73.35.
US FOMC is the key event.
RBI ref rates:
-USDINR is at 73.28. Prior day’s close was 73.31.
-Indian Equity indices correct lower.
-Indian 10 year G-SEC yield is at 6.03%.
-USDINR 1 yr fwd premia is at 4.70%.
USDINR @ 73.28, EUR/USD 1.2129, GBP/USD @ 1.4091, USD/JPY @ 110.07, EUR/INR @ 88.89, GBP/INR @ 103.26
JPY/INR @ 66.57.
Gold@1861, WTI Crude @ 72.55, Nifty @ 15782(-85), 10 Year G-SEC @ 6.03%.
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