In a recent media interview, Shri. Kamal Mahajan, Advisor – Treasury & Global Markets Bank Of Baroda, in conversation with CNBC TV18 shared his view on the Rupee & Bond Outlook. He believes that the continuation of inflows is likely to accelerate the strengthening of rupee as ample liquidity is reducing the ability of the system to continue monetizing the same. Today’s range is seen at Rs. 71.15-71.55/$. While on the Bond market, he said that RBI’s breather on repo cuts leaves hopes for future repo rate cuts. This is likely to keep the 10-year benchmark yields within the 10bps range of yesterday’s closing level of 6.61% for some time now. Today’s level is seen at 6.57-6.67%
To stay updated with the latest updates and banking services, follow us on our official social media channels:
Facebook – https://www.facebook.com/bankofbaroda…
Twitter – https://twitter.com/bankofbaroda
Instagram – https://www.instagram.com/officialban…
YouTube – https://www.youtube.com/bankofbaroda
Linkedin – https://www.linkedin.com/company/1626…
Visit our website to know more about our product and service offerings:
https://www.bankofbaroda.com/Watch more such videos at
https://www.youtube.com/watch?v=JdA4D…
