Major developments:
USD is now at 73.44. USDINR opened at 73.53. Expected range: 73.38-73.55.
US retail sales is the focus event for the day.
RBI REF RATES:
-USDINR is at 73.44 .Prior day’s close was 73.49.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.16%.
-USDINR 1 yr fwd premia is at 4.35%.
USDINR @ 73.44, EUR/USD 1.1810, GBP/USD @ 1.3836, USD/JPY @ 109.25, EUR/INR @ 86.73, GBP/INR @ 101.60
, JPY/INR @ 67.23
Gold@1792, WTI Crude @ 72.75, Nifty @ 17547(+28), 10 Year G-SEC @ 6.16%.
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