Major developments:
USD is now at 74.83. USDINR opened at 74.69. Expect 74.68- 74.95 range for the day.
Indian Equities climb.. RBI MPC meeting is taking place. RBI decision will be known tomorrow.
US CPI data is another key event for the week.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.81%.
-USDINR 1 yr fwd premia is at 4.45%.
USDINR @ 74.83, EUR/USD 1.1423, GBP/USD @ 1.3556, USD/JPY @ 115.50, EUR/INR @ 85.49, GBP/INR @ 101.45
JPY/INR @ 64.80.
Gold@1830, WTI Crude @ 89.55, Nifty @ 17402(+135), 10 Year G-SEC @ 6.81%.
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