Dollar-rupee to trade in 66.50-67 range: Ashutosh Raina

The bonds after hitting recent highs have come in for some profit booking. Expect 10-year bond yields to consolidate around current levels, says Ashutosh Raina of HDFC Bank.

October 07, 2016 / 12:30 IST

Ashutosh Raina of HDFC Bank said, "The dollar-rupee currency pair continues to trade in the 66.50-67/dollar range. The initial strength after RBI rate cut has been capped by the global dollar strength."he further added, "The bonds after hitting recent highs have come in for some profit booking. Expect 10-year bond yields to consolidate around current levels."

first published: Oct 7, 2016 08:30 am

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