FX RATES AND USDINR FWDS

Major developments:

 USD is now at 74.14. USDINR opened at 74.12. Expected range: 73.90-74.20. 

 -USDINR is at 74.14 .Prior day’s close was 74.03.

-Indian Equity indices decline marginally.

 -Indian 10 year G-SEC yield is at 6.30%.

-USDINR 1 yr fwd premia is at 4.70%.

USDINR @ 74.14, EUR/USD 1.1585, GBP/USD @ 1.3554, USD/JPY @ 112.84, EUR/INR @ 85.89, GBP/INR @ 100.49 JPY/INR @ 65.70.

Gold@1828, WTI Crude @ 84.15, Nifty @ 17951(-91), 10 Year G-SEC @ 6.30%.

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