Major developments:
USD is now at 74.31. USDINR opened at 74.27. Expected range: 74.24-74.35.
RBI ref rates:
-USDINR is at 74.31. Prior day’s close was 74.25.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.23%.
-USDINR 1 yr fwd premia is at 4.17%.
USDINR @ 74.31, EUR/USD 1.1738, GBP/USD @ 1.3813, USD/JPY @ 110.39, EUR/INR @ 87.21, GBP/INR @ 102.62, JPY/INR @ 67.30.
Gold@1756, WTI Crude @ 68.56, Nifty @ 16457(+93), 10 Year G-SEC @ 6.23%.
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