Published on Fri, Mar 19, 2010 at 08:53 | Source : Moneycontrol.com
Updated at Fri, Mar 19, 2010 at 08:54
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Rupee likely to remain strong: Subramaniam Sharma
The rupee is likely to remain strong and could gain further after S&P revised India's rating to stable, says Subramaniam Sharma, Greenback Forex Services.
Subramaniam Sharma, Greenback Forex Services said that, "The rupee is likely to remain strong and could gain further after S&P revised India's rating to stable. Positive sentiment in domestic equity market driven by inflows, a weaker euro and importer demand at lower levels could cap rupee's gain and could halt its appreciation. The range for the day is seen between 45.30-45.55/$."
