Mar 22, 2012, 08.31 AM IST | Source: CNBC-TV18

Rupee expected to remain under pressure: Ssharad D Pawaar

The rupee is expected to remain under pressure. Equity market cues and month-end demand for dollar may also impact the currency, says Ssharad D Pawaar, SPFX INDIA.

Ssharad D Pawaar, SPFX INDIA said, "The rupee is expected to remain under pressure. Equity market cues and month-end demand for dollar may also impact the currency. However, any RBI intervention may restrict the losses. The range for the day is seen between 50.50-50.80/USD."

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