Moneycontrol
Jan 02, 2013 08:38 AM IST | Source: CNBC-TV18

Rupee likely to open stronger around 54.60/USD: Thanawala

The rupee is likely to open stronger around 54.60/USD. Weak trade data was offset by the news of a deal on US Fiscal Cliff, which could further support the rupee, says Manis Thanawala, Greenback Forex Services.

Rupee likely to open stronger around 54.60/USD: Thanawala
Manis Thanawala, Greenback Forex Services said, "The rupee is likely to open stronger around 54.60/USD. Weak trade data was offset by the news of a deal on US Fiscal Cliff, which could further support the rupee. The range for the day is seen between 54.30-54.80/USD."
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