Rupee to remain rangebound today: Bhaskar Panda

We do not expect to see much movement on bond yields before the policy is out, says Bhaskar Panda of HDFC Bank.

April 05, 2017 / 08:05 IST

Bhaskar Panda of HDFC Bank said, "The rupee is likely to remain rangebound today and stay between 64.90-65.10/dollar."

"The bond markets will keenly watch the RBI monetary policy tomorrow. We do not expect to see much movement on bond yields before the policy is out," he added.

first published: Apr 5, 2017 08:05 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347