Major developments:
USD is now at 74.25. USDINR opened at 74.23. Expected range: 74.15-74.40.
RBI ref rates:
-USDINR is at 74.25. Prior day’s close was 74.25.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.06%.
-USDINR 1 yr fwd premia is at 4.37%.
USDINR @ 74.25, EUR/USD 1.1902, GBP/USD @ 1.3853, USD/JPY @ 110.48, EUR/INR @ 88.38, GBP/INR @ 102.86
JPY/INR @ 67.21.
Gold@1761, WTI Crude @ 73.48, Nifty @ 15825(+77), 10 Year G-SEC @ 6.06%.
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