Rupee likely to range between Rs 42.03-42.22

Published on Fri, Apr 20, 2007 at 08:48 |  Source : Moneycontrol.com

Updated at Fri, Apr 20, 2007 at 11:07  

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The rupee is expected to continue to move in a 10-15 paise band today as dollar demand from importers and supply from exporters may match.

Overnight fall in the dollar versus the yen following expectations of a hike in Chinese interest rates could prompt banks to unwind dollars in early trades.

It's likely to range between Rs 42.03-42.22 per dollar.

  

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