Major developments:

USD is now at 74.37. USDINR opened at 74.37. Expected range: 74.25-74.45.

-USDINR is at 74.37 .Prior day’s close was 74.25.

-Indian Equity indices decline.

-Indian 10 year G-SEC yield is at 6.65%.

-USDINR 1 yr fwd premia is at 4.72%.

USDINR @ 74.37, EUR/USD 1.1397, GBP/USD @ 1.3635, USD/JPY @ 114.85, EUR/INR @ 84.78, GBP/INR @ 101.45

JPY/INR @ 64.77.

Gold@1816, WTI Crude @ 84.33, Nifty @ 18234(-74), 10 Year G-SEC @ 6.65%

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