FX RATES AND USDINR FWDS

Major developments:
USD is now at 74.20. USDINR opened at 74.14. Expected range: 74.12-74.28.
RBI ref rates:
-USDINR is at 74.20. Prior day’s close was 74.16.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.02%.
-USDINR 1 yr fwd premia is at 4.42%.
USDINR @ 74.20, EUR/USD 1.1937, GBP/USD @ 1.3923, USD/JPY @ 110.88, EUR/INR @ 88.56, GBP/INR @ 103.30
JPY/INR @ 66.92.
Gold@1775, WTI Crude @ 73.34, Nifty @ 15801(+10), 10 Year G-SEC @ 6.02%.

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