Published on Wed, Apr 08, 2009 at 08:50 | Source : CNBC-TV18
Updated at Wed, Apr 08, 2009 at 08:52
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Rupee likely to be weaker: Pinnacle Forex
According to N Subramaniam, Pinnacle Forex, the rupee is likely to be weaker on dollar's strength and weakness in global equities. The range for the day is seen between Rs 50.05-50.70 per dollar.
On Monday, the rupee ended higher at Rs 50.05 per USD as against its previous close of Rs 50.34 per USD.
According to N Subramaniam, Pinnacle Forex, the rupee is likely to be weaker on dollar's strength and weakness in global equities. The range for the day is seen between Rs 50.05-50.70 per dollar.