10-year benchmark yield to trade within 6.52-6.54% range: Bhaskar Panda

For USD-INR pair we expect a range of 64.15-64.40 for the day, says Bhaskar Panda of HDFC Bank.

August 18, 2017 / 08:33 IST

Bhaskar Panda of HDFC Bank said, "Dollar index bounced on the basis of European Central Bank (ECB) concerns on euro strength. The USD-INR pair consequently could move a little higher keeping pace with other Asian currencies. We expect a range of 64.15-64.40 for the day."

He further added, "The 10-year benchmark yield is expected to trade within the 6.52-6.54 percent range today."

first published: Aug 18, 2017 08:33 am

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