USD is now at 74.90. USDINR opened at 74.91. Expected range: 74.80-75.
No major event expected.
RBI REF RATES:
-USDINR is at 74.90 .Prior day’s close was 75.01.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.49%.
-USDINR 1 yr fwd premia is at 4.60%.
USDINR @ 74.90, EUR/USD 1.1328, GBP/USD @ 1.3435, USD/JPY @ 114.81, EUR/INR @ 84.83, GBP/INR @ 100.61 JPY/INR @ 65.23
Gold@1812, WTI Crude @ 75.75, Nifty @ 17195(+109), 10 Year G-SEC @ 6.49%
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