Profit

Traders exiting on higher forwards: Jayesh Mehta

PUBLISHED ON: November 27, 2013 | Duration: 12 min, 11 sec

  
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Jayesh Mehta managing director and country treasurer of Bank of America Merill Lynch, says that the FII selling in the bond market is not affecting the currency. While the liquidity continues to remain tight the market is watching out for OMOs. He also said that the rupee is likely to remain stable for sometime.
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