HomeNewsBusinessMarketsRupee can test key support level of 54.80/USD: Thanawala

Rupee can test key support level of 54.80/USD: Thanawala

Positive global market cues and a flat dollar should support the rupee, says Manis Thanawala, Greenback Forex Services.

August 08, 2012 / 08:37 IST
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Manis Thanawala, Greenback Forex Services said, "Positive global market cues and a flat dollar should support the rupee. It could test the key support level of 54.80/USD. However, importer demand around this level could cap gains. The range for the day is seen between 54.80-55.20/USD."

first published: Aug 8, 2012 08:29 am

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