USD-INR to trade in 64.30-64.60 range: Mohan Shenoi

We expect the USD-INR pair to trade in a range of 64.30-64.60/dollar for the day, says Mohan Shenoi of Kotak Mahindra Bank.

July 13, 2017 / 08:10 IST

Mohan Shenoi of Kotak Mahindra Bank said, "No major triggers in the currency market except US political uncertainty. USD against major currencies is expected to remain rangebound in the near term."

"The rupee is positive on the back of strong custodial flows. We expect the USD-INR pair to trade in a range of 64.30-64.60/dollar for the day," he added.

first published: Jul 13, 2017 08:10 am

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