Major developments:

USD is now at 75.65. USDINR opened at 75.76. Expect 75.50- 75.85 range for the day.

Oil climbed further to hot USD 115 per bbl. RBI sold USD to stem USD volatility and Rupee losses.

-USDINR is at 75.65 .Prior day’s close was 75.71.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 6.85%.

-USDINR 1 yr fwd premia is at 4.02%.

USDINR @ 75.65, EUR/USD 1.1099, GBP/USD @ 1.3403, USD/JPY @ 115.05, EUR/INR @ 83.97, GBP/INR @ 101.40

JPY/INR @ 65.39

Gold@1926, WTI Crude @ 114.56, Nifty @ 16614(+9), 10 Year G-SEC @ 6.85%

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