Marginal net outflow this week

Outlook/ Money markets

 This week there is an outflow of Rs 1,500 crore through treasury bill auctions. Inflows will be approximately Rs 1,393 crore through coupon redemptions. Though RIB pressure has been discounted, sentiment will play a crucial role this week.

 Therefore, the level of foreign exchange inflows will be a major trend determiner. This is because last week