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Rupee to trade with negative bias: Pramit Brahmbhatt

The 10-year benchmark bond yield is likely to trade in a range of 6.44-6.50 percent today, says Ajay Manglunia of Edelweiss.

January 23, 2017 / 08:52 AM IST

Pramit Brahmbhatt of Veracity said, "We expect the rupee to trade with a negative bias, in a range of 68-68.50/dollar for the day."Ajay Manglunia of Edelweiss said," The negative bias in domestic bonds is unlikely to change significantly as the US treasury yield trajectory is expected to be closely tracked. The 10-year benchmark bond yield is likely to trade in a range of 6.44-6.50 percent today."

first published: Jan 23, 2017 08:52 am

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