Major developments:
USD is now at 74.47. USDINR opened at 74.38. Expected range: 74.35-74.60. USD continued maintain bullish momentum against majors.
RBI REF RATES:
-USDINR is at 74.47 .Prior day’s close was 74.51.
-Indian Equity indices gain.
-Indian 10 year G-SEC yield is at 6.35%.
-USDINR 1 yr fwd premia is at 4.56%.
USDINR @ 74.47,EUR/USD 1.1440, GBP/USD @ 1.3362, USD/JPY @ 114.23, EUR/INR @ 85.21, GBP/INR @ 99.51, JPY/INR @ 65.20.
Gold@1858, WTI Crude @ 81, Nifty @ 17927(+53), 10 Year G-SEC @ 6.35%.
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