After touching an intraday high of 64.41, the rupee ended the session at 64.43, up 0.3 percent from its previous close.
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The rupee on Monday gained against the dollar, taking cues from its Asian peers, as the greenback depreciated after the outcome of the first round of
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We expect the rupee to continue to depreciate on the back of negative cues from global equity market and constant FII outflow, says Pramit Brahmbhatt
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The 10-year benchmark yield is likely to trade in a range of 6.90-6.96 percent today, says Ajay Manglunia of Edelweiss.
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Market participants said that the weakness in the rupee can be attributed to profit booking by investors ahead of the first round of the presidential
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The market seems to be adjusting itself to the possibility of rate hikes than rate cuts or status quo, said Ananth Narayan, Head-Financial Markets, St
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Expect 10-year bond yields to trade in the 6.85-6.90 percent range, says Ashutosh Raina of HDFC Bank.
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The biggest buyers of the day were state-owned banks, who were looking to buy dollars when USD-INR was at the 64.60 level.
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It is very likely that the INR outperformance will continue both within the global and emerging market context, said Sameer Goel, Head-Asia Macro Stra
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USD-INR trading range for the day is 64.50-64.80/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
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Trading range for the day will be 64.50-64.80/dollar, says Pramit Brahmbhatt of Veracity.
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Expect the 10-year benchmark to trend up and test its previous peak of 6.90 percent in the near term, says Dhawal Dalal of Edelweiss Asset Management.
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Capital outflows, in small lots, also weighed on the rupee while rally in domestic equities restricted the rupee fall to some extent, a forex dealer s
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The 10-year benchmark yield is expected to trade within 6.84-6.87 percent today, says Bhaskar Panda of HDFC Bank.
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