USD-INR continues to trade in 66.50-67/USD range : 08.55Am

USD-INR continues to trade in 66.50-67/USD range : 08.55Am


We expect the 10-year benchmark yields to trade in the 7.15-7.25 percentage range,

 FX Trading

"The RBI is widely expected to maintain status quo in today's credit policy, but the statements following the policy will be keenly analysed.
Any roadmap on the upcoming FCNR redemptions, and steps to ensure adequate dollar as well as rupee liquidity will be keenly awaited.

 The USD-INR pair continues to trade in the 66.50-67/USD range with the strong portfolio flows getting absorbed by strong intervention."

 "The bond yields have been consolidating around current levels ahead of the RBI policy statement today.

We expect the 10-year benchmark yields to trade in the 7.15-7.25 percent range,

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