Expect rupee to remain rangebound : Aug 26, 2016, 08.48 AM

Expect rupee to remain rangebound : Aug 26, 2016, 08.48 AM

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We expect the 10-year benchmark yield to continue to trade between 7.07-7.12 percent,

We see no major trigger for the currency movement. The Fed has maintained the status quo in yesterday's speech.

 We expect the rupee to remain rangebound."

"Corporate bonds announcements made yesterday will not impact the G-Sec market significantly but it is overall positive for the bond market.

There is no trigger as such to exchange parity or interest yield curve. We expect the 10-year benchmark yield to continue to trade between 7.07-7.12 percent,"

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