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You are Here : Rupee to hover around 52-54 per dollar mark: Macquarie Bank

Thursday, 10:33

After S&P's negative rating outlook yesterday, Nizam Idris of Macquarie Bank believes that its implications can be far reaching if other rating agencies also follow suit. Mulling about a possibility of a downgrade in the absence of reforms, Idris expects the rupee to hover around the Rs 52 to Rs 54 per dollar rate.
SEP 29, 2016
02:17 AM

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