Major developments:

USD is now at 75.25. USDINR opened at 75.20. Expected range: 75.18-75.35. Focus is on US CPI data to be released later this week.

-USDINR is at 75.25 .Prior day’s close was 75.16.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 6.37%.

-USDINR 1 yr fwd premia is at 4.67%.

USDINR @ 75.25, EUR/USD 1.1287, GBP/USD @ 1.3234, USD/JPY @ 113.03, EUR/INR @ 84.94, GBP/INR @ 99.5 JPY/INR @ 66.53.

Gold@1783, WTI Crude @ 67.85, Nifty @ 17114(-82), 10 Year G-SEC @ 6.37%.

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