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Rupee likely to remain under pressure: SPFX India
Published on Fri, Jul 03, 2009 at 09:02 | Updated at Fri, Jul 03, 2009 at 09:03 | Source : CNBC-TV18
On Thursday, the Indian rupee ended lower at Rs 47.95 per USD as against its previous close of Rs 47.89 per USD.
According to Ssharad D Pawaar, SPFX India, the rupee is likely to remain under pressure due to the weakness in global markets. The dollar's strength globally is also expected to impact sentiment. The range for the day is seen between Rs 48-48.30 per dollar.
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