FX RATES AND USDINR FWDS

Major developments:
USD is now at 74.24. USDINR opened at 74.23. Expected range: 74.15-74.35. 
RBI ref rates:

-USDINR is at 74.24 .Prior day’s close was 74.245.
-Indian Equity indices trade flat.
-Indian 10 year G-SEC yield is at 6.25%.
-USDINR 1 yr fwd premia is at 4.28%.
USDINR @ 74.24, EUR/USD 1.1766, GBP/USD @ 1.3744, USD/JPY @ 110.12, EUR/INR @ 87.35, GBP/INR @ 102.03
JPY/INR @ 67.42
Gold@1786, WTI Crude @ 67.80, Nifty @ 16631(-3), 10 Year G-SEC @ 6.25%.

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