Forwards are likely to move in the same range this week too. On Friday, the six month annualised forward closed at 0.14 per cent, while the one-year forward closed at 0.33 per cent.
The six-month forward, on December 5, closed at 0.08 per cent and one-year at 0.27 per cent.
According to dealers, the six-month forward will move in a range of 0.10-0.25 per cent and one-year will move in a range of 0.30-0.45 per cent.
