Expect rupee to appreciate marginally: Ashutosh Khajuria

Bond yields will continue to be rangebound between 7.47-7.50 percent for the 10-year benchmark till June 12 when we get the next CPI tick, says Ashutosh Khajuria, Federal Bank.

June 09, 2016 / 08:51 IST

Ashutosh Khajuria, Federal Bank said, "Expect rupee to appreciate marginally due to increase in capital flows and trade in the range of 66.50- 66.75/USD."He further said, "Bond yields will continue to be rangebound between 7.47-7.50 percent for the 10-year benchmark till June 12 when we get the next CPI tick. There is no trigger for the bond yields to move."

first published: Jun 9, 2016 08:51 am

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