Wednesday, August 24, 2016

Rupee marginally weaker in-line with other EM currencies: Aug 25, 2016, 08.56 AM

Rupee marginally weaker in-line with other EM currencies: Aug 25, 2016, 08.56 AM


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We expect the USD-INR pair to trade between 67-67.25/dollar for the day,

"Global currency markets are cautious and rangebound ahead of Yellen's Jackson Hole speech as it could give clues on US Fed rate hike. Rupee is marginally weaker in-line with other EM currencies.

We expect the USD-INR pair to trade between 67-67.25/dollar for the day."