In a recent interview on 14th February, with CNBC TV 18, Shri. Kamal Mahajan, Advisor – Treasury & Global Markets Bank of Baroda expressed his views on the rupee outlook. He said that with decent forex inflows, the rupee has performed better than the other currencies. With respect to bond outlook, he stated that lower IIP numbers and 1 & 3-year fixed-rate repo at 5.15% by RBI are likely to keep bond yields lower.
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