Tirthankar Patnaik, Mizuho Bank said, "The USD-INR pair is expected to remain slightly under pressure given the strength in the dollar index over the last 2 weeks. We see muted sentiment before the Budget. The trading range is seen between 68.10-68.40/USD till the Reserve Bank of India (RBI) monetary policy."He further said, "We expect the benchmark bond yields to be rangebound ahead of the Budget and the RBI monetary policy. The trading range is seen between 6.35-6.45 percent."
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