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Strength in dollar will keep rupee under pressure, says Pramit Brahmbhatt of Veracity.
We expect the rupee to appreciate backed by the strength we expect to see in local equities today, says Pramit Brahmbhatt of Veracity.
Some more weakness in the rupee cannot be ruled out today, says Ashutosh Raina of HDFC Bank.
The Indian rupee opened flat at 62.33 per dollar on Monday against 62.31 Friday.Agam Gupta of Standard Chartered said, "Expect local government-owned banks to buy USD in any dip to 62
At present mixed global sentiments has dented the global equity movement. The rupee range for the day is seen between 62.20-63.00/dollar, says Pramit Brahmbhatt of Veracity.
The Indian rupee has opened marginally higher at 62.16 per dollar on Thursday against 62.24 Wednesday.Mohan Shenoi of Kotak Mahindra Bank said, "Upgrade of India's credit outlook by Moody's from
The dollar index has marginally strengthened, it is expected that the rupee will trade in a narrow range but with a depreciating bias in the range of 62.20-62.40/dollar today, says NS Venkatesh
.Among global markets, in the US equities closed lower, giving up most of Monday's gains, as investors eyed mixed economic data and the end of the first quarter. In Europe, euro zone unemployment data ticked down
The Indian market is expected to open in green Monday with the SGX Nifty, an indicator of pre-market opening, trading at 8450, up 26 points in early morning trade.
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