Sep 18, 2012, 08.38 AM IST | Source: CNBC-TV18

Rupee likely to sustain its upward momentum: Nanivadekar

The rupee is likely to sustain its upward momentum, but 54/USD is the crucial psychological mark, says Vikram Nanivadekar, Verity Analytics.

Vikram Nanivadekar, Verity Analytics said, "The rupee is likely to sustain its upward momentum, but 54/USD is the crucial psychological mark. The market will also closely watch out for political developments which have aided this rally. The range for the day is seen between 53.80-54.30/USD."

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