Moneycontrol
Mar 16, 2017 04:02 PM IST | Source: CNBC-TV18

USD-INR to trade between 66.30-66.50: Bhaskar Panda

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

Bhaskar Panda of HDFC Bank said, "Expectations have built up for a rate hike in the FOMC meeting this week. Dollar index is up at 101.37. However in Indian context election victory in major states will be a booster."

He further added, "I expect the USD-INR pair to open with a gap and trade in a range of 66.30-66.50/dollar today."

"The 10-year benchmark bond yield is expected to trade within a range of 6.85-6.90 percent today," he said.
Sections
Follow us on
Available On