Aug 02, 2012, 08.23 AM IST

Indecisive equity markets may add to rupee weakness: Pawaar

The rupee may weaken due to the strength in dollar against most major currencies, says Ssharad Pawaar, CEO, SPFX India.

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Ssharad Pawaar, CEO, SPFX India said, "The rupee may weaken due to the strength in dollar against most major currencies. Indecisive equity markets may add to the rupee weakness. However, dollar sales by corporates may cap the losses. The range for the day is seen between 55.35-55.65/USD."
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