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The rupee is likely to trade in a range of 62.10-62.30/dollar, says NS Venkatesh of IDBI Bank.
Rupee is expected to trade rangebound to slightly weak taking cues from a strong dollar. Range for the rupee is seen between 61.80-62.80/dollar, says Pramit Brahmbhatt of Veracity.
Reduction in FII inflows coupled with profit booking in local equities may pressurize rupee to depreciate. However, gains in Asian equities may support the local unit. Range for the day is seen
According to Angel Broking , Indian Rupee is expect likely to trade sideways today as investors will keep an eye on developments in the Euro zone where discussions on Greece are going to continue
Rupee is also headed towards gradual depreciation. USD-INR is likely to trade today in a range of 62.20-62.50/dollar, says Mohan Shenoi of Kotak Mahindra Bank.
With the euro currency being in a freefall versus the US dollar (as also the rupee), thanks to the troubles of the European Union, CNBC-TV18s Kritika Saxena caught up with CP Gurnani, chief of Tech
The Indian rupee opened lower by 8 paise at 62.26 per dollar on Wednesday against previous day's closing value of 62.18 a dollar.The dollar hovered at one-month highs versus the yen
Reduction in FII inflows coupled with weakness in local equities may pressurize rupee to depreciate, says Pramit Brahmbhatt of Veracity.
RBI is expected to intervene to prevent steep appreciation of rupee. USD-INR is expected to trade in a range of 61.70-62/dollar today, says Mohan Shenoi of Kotak Mahindra Bank.
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