USD-INR to trade in 66.90-67.20/dollar range: Mohan Shenoi

The USD-INR pair is expected to trade in a range of 66.90-67.20/dollar, says Mohan Shenoi of Kotak Mahindra Bank.

February 09, 2017 / 09:14 IST

Mohan Shenoi of Kotak Mahindra Bank said, "Dollar is in a tight range against most currencies despite strong US payroll data indicating exhaustion in the rally. Rupee is expected to strengthen against the dollar in-line with other Asian currencies.""The USD-INR pair is expected to trade in a range of 66.90-67.20/dollar," he added.

first published: Feb 9, 2017 09:14 am

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