Major developments:

USD is now at 74.30. USDINR opened at 74.38. Expected range: 74.20-74.45.

No major event expected.

RBI REF RATES:

-USDINR is at 74.30 .Prior day’s close was 74.42.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.47%.

-USDINR 1 yr fwd premia is at 4.58%.

USDINR @ 74.30, EUR/USD 1.1320, GBP/USD @ 1.3498, USD/JPY @ 115.09, EUR/INR @ 84.10, GBP/INR @ 100.29 JPY/INR @ 64.56

Gold@1819, WTI Crude @ 76.60, Nifty @ 17338(+135), 10 Year G-SEC @ 6.47%

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