Hawkish MPC, West Asia conflict cloud rupee, bond yield outlook
In light of the hawkish monetary policy minutes and the ongoing conflict in West Asia, the outlook for the rupee and bond yields appears uncertain.
However, record forex inflows offer a cushion for the central bank, allowing it to manage currency pressures effectively.
Analysts expect the rupee to fluctuate between 95.50 and 96.00, with interventions from the central bank.
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