Anindya Banerjee, DVP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities Ltd
"USDINR spot closed flat inspite of a heavy sell-off in equity markets. Spot closed at 76.60. Sell-off in Chinese tech stocks and property stocks caused the global sell-off. USDINR may remain rangebound between 76.30-76.90 going into US Fed meeting Wednesday evening."