Indian Rupee Update
Indian rupee started off Thursday’s trade on a positive note. It rose 17 paise to 62.40 per dollar as against Wednesday’s closing of 62.57.
The range for the 10-year yield is seen at 8.65-8.70 percent. Ahead of ECB rate setting meeting and US non farm payroll data the dollar-rupee is expected to stay in a tight range of 62.30-62.70/dollar.
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