Rupee to trade between 65-65.50: Ashutosh Khajuria

Don't expect rupee to depreciate further and will trade in a range 65-65.50 today, says Ashutosh Khajuria of Federal Bank.

October 10, 2017 / 09:05 IST

Ashutosh Khajuria of Federal Bank said, "Don't expect rupee to depreciate further and will trade in a range 65-65.50 today."

He further added, "Bond markets are in a bearish mood ahead of state development loans auctions worth Rs 10,000 crore today."

"Bond traders would like to wait till CPI data on October 12 before taking a call. Expected range for 10-year benchmark is seen 6.75-6.80 percent."

first published: Oct 10, 2017 09:04 am

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