Anindya Banerjee, VP, Currency Derivatives & Interest Rate Derivatives at Kotak Securities Ltd
USDINR spot closed 17 paise lower at 75.98, on the back of selling from exporters on the last day of spot for FY 23. With oil prices range bound and global risk sentiments stable, there were not many global cues. Over the near term bias remains of a range between 75.75 and 76.50 on spot.