Rupee seen between 66.85-67.05/USD range: 10.08.2016

Rupee seen between 66.85-67.05/USD range: 10.08.2016

The announcement of OMO on August 11 improved the sentiment for the bond yields to drop


The dollar seems to strengthen because of growing confidence that the Fed will hike rates in this year.
The rupee is expected to trade today in a range of Rs 66.85-67.05/USD."

 "The announcement of OMO on August 11 improved the sentiment for the bond yields to drop. Expected range for today 7.10-7.14 percent,"

DISCLAIMER

The suggestions made herein are for information purposes and are not recommendations to any person to buy or sell any securities. The information is derived from various sources that are deemed to be reliable but its accuracy and completeness are not guaranteed.Our blog does not accept any liability for the use of this column. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions. And we won't be liable or responsible for any legal or financial losses made by anyone .Any surfing and reading of the information available in this blog is the acceptance of this disclaimer.