Major developments:
USD is now at 73.06. USDINR opened at 73.06. Expected range: 72.95-73.15. US NFP awaited.
Strong US employment data could reverse USD’S present weakness.
RBI REF RATES:
-USDINR is at 73.06 .Prior day’s close was 73.07.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.17%.
-USDINR 1 yr fwd premia is at 4.32%.
USDINR @ 73.06, EUR/USD 1.1877, GBP/USD @ 1.3832, USD/JPY @ 110, EUR/INR @ 86.78, GBP/INR @ 101.05, JPY/INR @ 66.40.
Gold@1814, WTI Crude @ 69.83, Nifty @ 17293(+59), 10 Year G-SEC @ 6.17%.
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