Moneycontrol PRO
Outskill Gea AI
Outskill Gea AI

business

Rupee to hover in 62.5-63.5/$ today on RBI moves: HDFC Bank

In an interview to CNBC-TV18, Ashutosh Raina of HDFC Bank says that the RBI moves to force the market to cut long dollar positions seem to have been achieved and hence the rupee is likely to be rangebound between 62.5-63.5 against the US dollar.

first published: Aug 21, 2013 08:47 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
CloseGen AI Masterclass