Major developments:

• USD is now at 74.98 .USDINR opened at 74.96. Expected range: 74.90-75.15.
• Union budget,ECB and BOE meetings along with Global manufacturing/services data are the key events for the week.
• US employment data is also to be released on Friday.

  -USDINR is at 74.98 .Prior day’s close was 75.04.
  -Indian Equity indices climb.
  -Indian 10 year G-SEC yield is at 6.73%.
  -USDINR 1 yr fwd premia is at 4.50%.
  USDINR @ 74.98, EUR/USD 1.1165, GBP/USD @ 1.3419, USD/JPY @ 115.44, EUR/INR @ 83.70, GBP/INR @ 100.61  JPY/INR @ 64.92
  Gold@1786, WTI Crude @ 87.80, Nifty @ 17326(+211), 10 Year G-SEC @ 6.73%

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