Major developments:
USD is now at 74.53. USDINR opened at 74.52. Expected range: 74.45-74.65.
RBI ref rates:
-USDINR is at 74.53. Prior day’s close was 74.72.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.08%.
-USDINR 1 yr fwd premia is at 4.45%.
USDINR @ 74.53, EUR/USD 1.1858, GBP/USD @ 1.3822, USD/JPY @ 111.12, EUR/INR @ 88.39, GBP/INR @ 103.02, JPY/INR @ 67.08.
Gold@1786, WTI Crude @ 75.17, Nifty @ 15826(+105), 10 Year G-SEC @ 6.08%.
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