I expect the USD-INR pair to trade in a range of 64.40-64.60/dollar today, says Bhaskar Panda of HDFC Bank.
The Indian rupee opened marginally lower at 64.48 per dollar on Tuesday against previous close 64.43.
Bhaskar Panda of HDFC Bank said, "The dollar index has been recovering after it touched a low in the recent past. I expect the USD-INR pair to trade in a range of 64.40-64.60/dollar today."
He further added, "The 10-year benchmark bond yield is expected to trade within the 6.45-6.47 percent range today."