HomeNewsBusinessMarketsRupee continues to hover around 67/USD: Ashutosh Raina

Rupee continues to hover around 67/USD: Ashutosh Raina

The 10 year bond yields continue to consolidate around 6.85 percent level, says Ashutosh Raina, HDFC Bank.

February 22, 2017 / 09:24 IST
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Ashutosh Raina of HDFC Bank says the USD/INR currency pair continues to hover around the 67/dollar level tracking the global risk on sentiment, with gains getting capped by suspected intervention.He expects the pair to trade in 66.80-67.10/dollar range for today."The 10 year bond yields continue to consolidate around 6.85 percent level. Expect the 10 year bonds to trade in 6.83-6.87 percent range today," he added.

first published: Feb 22, 2017 09:23 am

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