USD is now at 74.11. USDINR opened at 74.14. Expected range: 74.10-74.24.
Rupee gained to 74.10, tracking USD losses against majors and EM Currencies.
US CPI and retail sales data are the key Global events for the week.
Indian IIP and CPI data are to be released.
LIC IPO is expected before this fiscal year.
RBI REF RATES:
-USDINR is at 74.11 .Prior day’s close was 74.31.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.56%.
-USDINR 1 yr fwd premia is at 4.63%.
USDINR @ 74.11, EUR/USD 1.1334, GBP/USD @ 1.3583, USD/JPY @ 115.81, EUR/INR @ 84.02, GBP/INR @ 100.69
JPY/INR @ 63.99.
Gold@1791, WTI Crude @ 79, Nifty @ 17958(+146), 10 Year G-SEC @ 6.56%
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