# 'See rupee trading in the range of 72.50 to 74.50 in the short term' | Money & Forex Markets - Business Standard

> A market strategist expects the rupee to trade between 72.50 and 74.50 in the short term. He describes a steep forward curve created by RBI dollar buying and sterilisation swaps through nationalised banks.

- Date: 2020-08-31 · published 2020-08-31T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/51874-see-rupee-trading-in-the-range-of-72-50-to-74-50-in-the-short-term-money-and
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

The commentary covers only currency and money-market positioning in India, with no direct link to feed commodity supply or prices.

## Read by commodity

- USDINR: neutral

## Sources

- business-standard.com: https://www.business-standard.com/article/finance/see-rupee-trade-in-the-range-of-72-50-74-50-in-the-short-term-120083100186_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.