Major developments:

USD is now at 73.92. USDINR opened at 73.94. Expected range: 73.85-74.10.

US Fed Chairperson will be testifying before US Congress today. Rupee’s gain continues tracking strong Asian Peers.

RBI REF RATES:

-USDINR is at 73.92 .Prior day’s close was 74.04.

-Indian Equity indices climb.

-Indian 10 year G-SEC yield is at 6.58%.

-USDINR 1 yr fwd premia is at 4.70%.

USDINR @ 73.92, EUR/USD 1.1341, GBP/USD @ 1.3593, USD/JPY @ 115.25, EUR/INR @ 83.84, GBP/INR @ 100.48

JPY/INR @ 64.14.

Gold@1806, WTI Crude @ 78.75, Nifty @ 18014(+13), 10 Year G-SEC @ 6.58%

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