Major developments:
USD is now at 74.40. USDINR opened at 74.42. Expected range: 74.35-74.55.
US CPI is the key data event for the day.
RBI ref rates:
-USDINR is at 74.40. Prior day’s close was 74.43.
-Indian Equity indices decline.
-Indian 10 year G-SEC yield is at 6.23%.
-USDINR 1 yr fwd premia is at 4.23%.
USDINR @ 74.40, EUR/USD 1.1718, GBP/USD @ 1.3830, USD/JPY @ 110.67, EUR/INR @ 87.19, GBP/INR @ 102.89, <JPY/INR @ 67.22.
Gold@1733, WTI Crude @ 68.16, Nifty @ 16184(-95), 10 Year G-SEC @ 6.23%.
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