Expect USD-INR to be under pressure: Ashutosh Raina

Expect the bonds to trade sideways ahead of the upcoming policy, says Ashutosh Raina, HDFC Bank.

November 29, 2016 / 08:58 IST

Ashutosh Raina, HDFC Bank said, "The rupee slide has been halted by aggressive RBI selling. Expect the USD-INR to be under pressure and trade in the 68.50-69.50/USD range in the near term.""Indian bonds came off from their recent highs after the recent CRR hike by RBI. Expect the bonds to trade sideways ahead of the upcoming policy," he added.

first published: Nov 29, 2016 08:58 am

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