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."

ADS BY GOOGLE

Buy & sell politicians on Power Play
- the political stock exchange

Price Update

Arvind Kejriwal

1695.71 -35.05 -2.03%

54071

Bought today

83300

Sold today

0.62%

User holding

video of the day

Add cyclicals, banks on positive poll outcome: UBS

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.