Moneycontrol PRO
Advertisement
HomeNewsBusinessMarketsRupee continues to hover around 67/USD: Ashutosh Raina

Rupee continues to hover around 67/USD: Ashutosh Raina

The 10 year bond yields continue to consolidate around 6.85 percent level, says Ashutosh Raina, HDFC Bank.

April 05, 2022 / 16:20 IST
By Nishith Patnaik

Ashutosh Raina of HDFC Bank says the USD/INR currency pair continues to hover around the 67/dollar level tracking the global risk on sentiment, with gains getting capped by suspected intervention.

He expects the pair to trade in 66.80-67.10/dollar range for today.

"The 10 year bond yields continue to consolidate around 6.85 percent level. Expect the 10 year bonds to trade in 6.83-6.87 percent range today," he added.

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advertisement
Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347