Major developments:
USD is now at 73.71. USDINR opened at 73.67. Expected range: 73.58-73.78.
US CPI was mildly softer than expected.
RBI REF RATES:
-USDINR is at 73.71 .Prior day’s close was 73.69.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.18%.
-USDINR 1 yr fwd premia is at 4.35%.
USDINR @ 73.71, EUR/USD 1.1803, GBP/USD @ 1.3801, USD/JPY @ 109.61, EUR/INR @ 87, GBP/INR @ 101.71, JPY/INR @ 67.24.
Gold@1804, WTI Crude @ 70.85, Nifty @ 17453(+71), 10 Year G-SEC @ 6.18%.
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