Expect rupee to be weak: Verity Analytics

Published on Tue, Mar 31, 2009 at 08:56 |  Source : CNBC-TV18

Updated at Tue, Mar 31, 2009 at 08:58  

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On Monday, the spot rupee ended lower at Rs 51.17 per USD as against its previous close of Rs 50.57 USD.

According to Vikram Nanivadekar, Verity Analytics, the rupee is expected to be weak. Traders will however keep a close watch on Asian markets. The range for the day is seen between Rs 51.10-51.35 per dollar.

Also read: Rupee has resistance at 51.40/51.5: Commtrendz

  

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