Tuesday, August 2, 2016

We expect the rupee to remain buoyant in the near term between 66.50-67.25

We expect the rupee to remain buoyant in the near term
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We expect the rupee to remain buoyant in the near term, as high-yielding Indian assets retain their attractiveness, following the Fed's move to leave interest rates unchanged. The rupee is likely to trade between 66.50-67.25/USD in the course of the week."

 "The 10-year benchmark bond yield is likely to stay between 7.10%-7.20 percent this week."