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USD-INR to trade between 65.25-65.45: Bhaskar Panda

The 10-year benchmark bond yield is expected to remain within a range of 6.85-6.90 percent today, says Bhaskar Panda of HDFC Bank.

March 21, 2017 / 08:12 AM IST

Bhaskar Panda of HDFC Bank said, "The USD-INR pair has been consolidating in a narrow range of 65.30-65.50/dollar, supported on the downside by importer purchases and intervention. The pair is expected to trade within a range of 65.25-65.45/dollar for today."

He further added, "The 10-year benchmark bond yield is expected to remain within a range of 6.85-6.90 percent today."

first published: Mar 21, 2017 08:12 am

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