Friday, 18 November 2016

Rupee to trade in range of 67.80-68/USD

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The dollar index had touched 13.5-year high before retreating. The USD-INR pair is expected to trade in a range of Rs 67.80- 68/USD. One can expect selling from the central bank in case of high volatility. Soft CPI, surge in liquidity is expected to play a role in traders mindset which may get reflected on the bond yields. The 10-year benchmark bond yield is expected to remain between 6.40-6.45 percent range.

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