Major developments:
USD is now at 74.45. USDINR opened at 74.33. Expected range: 74.33-74.55.
No major event expected.
RBI REF RATES:
-USDINR is at 74.45 .Prior day’s close was 74.34.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.46%.
-USDINR 1 yr fwd premia is at 4.60%.
USDINR @ 74.45, EUR/USD 1.1341, GBP/USD @ 1.3496, USD/JPY @ 115.28, EUR/INR @ 84.45, GBP/INR @ 100.51 JPY/INR @ 64.72
Gold@1825, WTI Crude @ 75.75, Nifty @ 17513(+158), 10 Year G-SEC @ 6.46%
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