Major developments:
USD is now at 74.60. USDINR opened at 74.58. Expected range: 74.50-74.75.
No major event expected.
RBI REF RATES:
-USDINR is at 74.60 .Prior day’s close was 74.74.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.47%.
-USDINR 1 yr fwd premia is at 4.58%.
USDINR @ 74.60, EUR/USD 1.1333, GBP/USD @ 1.3483, USD/JPY @ 115.06, EUR/INR @ 84.53, GBP/INR @ 100.58 JPY/INR @ 64.83
Gold@1800, WTI Crude @ 76.80, Nifty @ 17255(+42), 10 Year G-SEC @ 6.47%
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