We expect Rupee to trade with a positive bias on weak Dollar and positive domestic and global markets. FII inflows may also support the Rupee. However, simmering geopolitical tensions between India and Pakistan and a positive crude oil prices may cap sharp upside. Traders may remain cautious ahead of US FOMC meeting outcome today. US Federal Reserve is expected to keep interest rates unchanged. USDINR spot price is expected to trade in a range of Rs 84.40 to Rs 85.10.

 


Comments