Subramaniam Sharma of Greenback Forex feels that the rupee is likely to be weak after the euro's sharp fall against the dollar.
"Weakness in the global equity markets may also impact sentiment. The range for the day is seen between 44.75-44.98/USD," he said.
Suresh Prabhu of Money Market Analyst said, "The bond market will remain concerned about high inflation and expectation of further hike in interest rates. Liquidity is also expected to be under slight pressure due to the advance tax outflow. The 10-year yield is seen between 8.30-8.35%.
