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USD/INR rangy, stocks gains cap

USD/INR stuck in range, good interests on both sides Short cover, higher DXY seen but bullish economic outlook, stocks limited Economic survey suggests growth above 8% for FY16 USD/INR ind at 61.83-86 Pair traded 61.75-8…

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  • USD/INR stuck in range, good interests on both sides

  • Short cover, higher DXY seen but bullish economic outlook, stocks limited

  • Economic survey suggests growth above 8% for FY16

  • USD/INR ind at 61.83-86

  • Pair traded 61.75-87 range so far, NDFs 62.16-21 

 

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