Currency Indian rupee is trying to swim before taking a dive Updated : January 23, 2020 06:30 AM IST The current situation suggests that the impact on the currency shall remain biased towards depreciation with a cap near 72.40 levels until March 2020. The central bank’s ‘Operation Twist’ has only helped to bring down the 10-year G-sec yield by about 12 bps from 6.76 percent to 6.63 percent. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.