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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.

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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.

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