FX RATES AND USDINR FWDS

Major developments:

 USD is now at 74.52. USDINR opened at 74.49. Expected range: 74.37-74.58. EU PMI readings and FOMC minutes are key events for the week.

-USDINR is at 74.52 .Prior day’s close was 74.41.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 6.36%.

-USDINR 1 yr fwd premia is at 4.80%.

USDINR @ 74.52, EUR/USD 1.1235, GBP/USD @ 1.3386, USD/JPY @ 115.10, EUR/INR @ 83.72, GBP/INR @ 99.75

JPY/INR @ 64.75.

Gold@1808, WTI Crude @ 75.77, Nifty @ 17386(-30), 10 Year G-SEC @ 6.36%.

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