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.
Here is the edited transcript of his interview to CNBC-TV18. Also watch the accompanying video. Q: How much more do you see on the way up for the rupee?A: This was expected. After yesterday
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