Rupee to remain under pressure: Vikram Nanivadekar

The rupee is likely to be under pressure on global equity market cues and likelihood of regular month-end dollar demand. The range for the day is seen between 44.80- 45/$, says Vikram Nanivadekar, Verity Analytics.

March 29, 2011 / 08:00 IST

Vikram Nanivadekar, Verity Analytics said that, "The rupee is likely to be under pressure on global equity market cues and likelihood of regular month-end dollar demand. The range for the day is seen between 44.80- 45/$."

first published: Mar 29, 2011 07:58 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

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