Rupee likely to open flat above 54.80/USD: Sharma

Rupee is likely to open flat above the 54.80/USD and trade in a narrow range as action in global markets will be very thin, says Subramaniam Sharma, Greenbak Forex Services.

December 24, 2012 / 08:37 IST

Subramaniam Sharma, Greenbak Forex Services said, "Rupee is likely to open flat above the 54.80/USD and trade in a narrow range as action in global markets will be very thin. A break above 55/USD will once again see the re-test of 55.20/USD levels. Range for the day is seen between 54.70-55.20/USD."

first published: Dec 24, 2012 08:34 am

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