Rupee to trade towards lower end of range: Pinnacle

The sentiment in the market is slightly better after yesterday's sharp sell-off. The rupee is still in a narrow range, it is likely to trade towards the lower end of the range today, says N Subramaniam, Pinnacle Forex.

March 16, 2011 / 08:09 IST

N Subramaniam, Pinnacle Forex said that, "The sentiment in the market is slightly better after yesterday's sharp sell-off. The rupee is still in a narrow range, it is likely to trade towards the lower end of the range today. The market will be cautiously watching the situation in Japan. I don't expect too much change in RBI's monetary policy tomorrow. The range for the day is seen between 45-45.30/$."

first published: Mar 16, 2011 08:04 am

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