The Indian rupee gained in the early trade on Wednesday. It has opened higher by 8 paise at 66.35 per dollar versus 66.43 Tuesday.
"Positive surprise on domestic CPI inflation is expected to lead to softening bond yields as also support rupee."
"The 10-year yield could soften by 2-4 bps in the opening session while rupee is likely to stay in range of 66.15-66.85/dollar.
Global cues to watch for are crude oil price movement and dollar trajectory," he added.
For More Information visit us :- http://dollaradvisory.com
No comments:
Post a Comment