Major developments:
USD is now at 74.38. USDINR opened at 74.38. Expected range: 74.24-74.45.
Focus is in US employment data to be released on Friday.
RBI ref rates:
-USDINR is at 74.38. Prior day’s close was 74.41.
-Indian Equity indices gain.
-Indian 10 year G-SEC yield is at 6.20%.
-USDINR 1 yr fwd premia is at 4.31%.
USDINR @ 74.38, EUR/USD 1.1869, GBP/USD @ 1.3899, USD/JPY @ 109.69, EUR/INR @ 88.29, GBP/INR @ 103.38
, JPY/INR @ 67.82
Gold@1814, WTI Crude @ 73.25, Nifty @ 15852(+90), 10 Year G-SEC @ 6.20%.
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