Moneycontrol
Mar 27, 2012 02:18 PM IST | Source: CNBC-TV18

Short term resistance for rupee seen at 51.70/$: Nomura

Vivek Rajpal of Nomura tells CNBC-TV18 that the rupee will face resistance at 51.70 in the immediate short term.

Vivek Rajpal of Nomura tells CNBC-TV18 that the rupee will face resistance at 51.70 in the immediate short term. According to him, the lack of policy action is what is weighing on the currency.

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