Tuesday, August 9, 2016

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,"