Major developments:
USD is now at 74.36. USDINR opened at 74.36. Expected range: 74.25-74.45.
US FOMC is the most important event for this week.
RBI ref rates:
-USDINR is at 74.37. Prior day’s close was 74.42.
-Indian Equity indices gain marginally.
-Indian 10 year G-SEC yield is at 6.17%.
-USDINR 1 yr fwd premia is at 4.48%.
USDINR @ 74.37, EUR/USD 1.1802, GBP/USD @ 1.3828, USD/JPY @ 110.21, EUR/INR @ 87.78, GBP/INR @ 102.84, JPY/INR @ 67.42.
Gold@1802, WTI Crude @ 72.14, Nifty @ 15876(+51), 10 Year G-SEC @ 6.17%.
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