FX RATES AND USDINR FWDS :

Major developments:

USD is now at 74.33. USDINR opened at 74.18. Expected range: 74.15-74.40.

RBI REF RATES:

-USDINR is at 74.33 .Prior day’s close was 74.15.

-Indian Equity indices gain.

-Indian 10 year G-SEC yield is at 6.63%.

-USDINR 1 yr fwd premia is at 4.72%.

USDINR @ 74.33, EUR/USD 1.1419, GBP/USD @ 1.3676, USD/JPY @ 114.46, EUR/INR @ 84.87, GBP/INR @ 101.65, JPY/INR @ 64.85.

Gold@1819, WTI Crude @ 83.65, Nifty @ 18290(+34), 10 Year G-SEC @ 6.64%.

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