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Near-term range on rupee at 52-53.50 levels: Kotak Bank

The Indian rupee started the day at Rs 52.90 per dollar versus Rs 53.66 yesterday and is now around Rs 52.68 levels. Mohan Shenoi of Kotak Mahindra Bank indicated that this recovery was along expected lines. The near-term range on the rupee is at about Rs 52-53.50 per dollar levels, he pointed out.

first published: Dec 16, 2011 11:26 am

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