Bhaskar Panda of HDFC Bank said, "Dollar had some respite as risk sentiment improved. We expect the USD-INR to remain rangebound within the 63.85-64.10 level for today."
He further added, "The 10-year benchmark bond yield is expected to trade within a range of 6.55-6.57 percent. The trend is up so we could see the yield moving towards 6.60 percent slowly.
"The dollar held to large gains following a sharp rebound against the yen and euro, lifted by improving investor risk sentiment as worries over North Korea and hurricane IRMA receded.
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