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Money calls: Kaul, Venkatraman
2008-05-16 08:57:37 Source : Bazaar/CNBC-TV18
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Arun Kaul, PNB: I expect the weakness in the bond market to continue. The market will be closely monitoring inflation and liquidity in the system which is tightening. The 25 bps CRR hike will come into effect next week so further liquidity crunch is expected. The range for the 10-year yield is seen between 7.85-7.95%.
U Venkatraman, IDBI Bank: Positive stock markets across the globe and a dip in oil prices should help the rupee recover some of the losses. The range for the day is seen between 42.55-42.85 per dollar.
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