Moneycontrol PRO
HomeNewsBusinessMarketsExpect rupee to continue its recent strength: Mohan Shenoi

Expect rupee to continue its recent strength: Mohan Shenoi

Rupee may breach 65/USD and trade in a range of 64.20-65/USD, says Mohan Shenoi, Kotak Mahindra Bank.

September 10, 2013 / 08:46 IST

Mohan Shenoi, Kotak Mahindra Bank said, "EM currencies have seen gains against the dollar. After a long weekend, rupee is also expected to continue its recent strength. The currency may breach 65/USD and trade in a range of 64.20-65/USD."

first published: Sep 10, 2013 08:46 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347