NS Venkatesh, IDBI Bank said, "The rupee closed at 67.90/USD yesterday aided by dollar sales by banks. The market was volatile with the rupee touching intraday levels of 68.20/USD. Volatility is expected even today, and the Rupee will take cues from movement in the equity market. We expect the rupee to trade in a range of 67.85-68.10/USD today."He further said, "Bonds pared early gains to close lower yesterday mainly due to the SDL auctions which saw a weak response. The 10-year benchmark yield is expected to trade in a narrow range of 7.73-7.75% today."
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!