Rupee continue to consolidate in range: Nanivadekar

Broadly the rupee is likely to continue to consolidate in a range. 45/$ is the key level to watch, but the rupee still may not have firm impetus to pierce and sustain sub-45/$. The range for the rupee over the next couple of days is seen between 44.95-45.20/$, says Vikram Nanivadekar, Verity Analytics

March 15, 2011 / 08:03 IST

Vikram Nanivadekar, Verity Analytics said that, "Broadly the rupee is likely to continue to consolidate in a range. 45/$ is the key level to watch, but the rupee still may not have firm impetus to pierce and sustain sub-45/$. The range for the rupee over the next couple of days is seen between 44.95-45.20/$."

first published: Mar 15, 2011 08:02 am

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