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Last Updated : Jul 22, 2016 08:58 AM IST | Source: CNBC-TV18

Rupee to hold support level of 67/USD: Bhaskar Panda

The benchmark yield is still below 7.30 percent and is expected to be in a range of 7.25-7.32 percent today, says Bhaskar Panda, HDFC Bank.


Bhaskar Panda, HDFC Bank said, "The USD-INR pair is boxed in a range for some time now and I expect similar behaviour going forward. Support level of 67/USD will hold and the trading range is seen between 67.10-67.50/USD."

"The benchmark yield is still below 7.30 percent and is expected to be in a range of 7.25-7.32 percent today," he further added.

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First Published on Jul 22, 2016 08:58 am
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