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USD-INR pair continues to trade strong: Ashutosh Raina

The better-than-expected GDP data should result in yields moving higher with the 10-year benchmark bond yields expected to trade in the 6.88-6.93 percent range, says Ashutosh Raina, HDFC Bank.

October 20, 2023 / 10:30 IST

26 Aug, 2025 12:21

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https://www.moneycontrol.com/india/stockpricequote/cement-major/dalmiabharat/OCL

Ashutosh Raina, HDFC Bank said, "The USD-INR pair continues to trade strong in the 66.50-67/USD range on the back of global positive risk sentiment, resumption of portfolio flows, and strong intervention. We expect the pair to continue trading in this range with RBI expected to cap gains."

"The better-than-expected GDP data should result in yields moving higher with the 10-year benchmark bond yields expected to trade in the 6.88-6.93 percent range," he added.

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USD-INR pair continues to trade strong: Ashutosh Raina

The better-than-expected GDP data should result in yields moving higher with the 10-year benchmark bond yields expected to trade in the 6.88-6.93 percent range, says Ashutosh Raina, HDFC Bank.

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