Major developments:
USD is now at 73.63. USDINR opened at 73.62. Expected range: 73.50-73.75.
Indian CPI moderated to 5.3% in Aug. US CPI is the main data event for the day.
RBI REF RATES:
-USDINR is at 73.63 .Prior day’s close was 73.68.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.19%.
-USDINR 1 yr fwd premia is at 4.35%.
USDINR @ 73.63, EUR/USD 1.1810, GBP/USD @ 1.3831, USD/JPY @ 110.09, EUR/INR @ 86.96, GBP/INR @ 101.84, JPY/INR @ 66.89.
Gold@1793, WTI Crude @ 71, Nifty @ 17410(+55), 10 Year G-SEC @ 6.19%.
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