Rupee likely to open flat around 45.70: Sharma

The rupee is likely to open flat around the 45.70 level. However, trade will remain choppy due to weak sentiment in the domestic equity markets, says Subramaniam Sharma, Greenback Forex Services.

February 14, 2011 / 08:37 IST

Subramaniam Sharma, Greenback Forex Services said that, "The rupee is likely to open flat around the 45.70 level. However, trade will remain choppy due to weak sentiment in the domestic equity markets. The rupee could test levels of 45.80 on back of a further sell-off in equity markets. Range for the day is seen at 45.55- 45.80."

first published: Feb 14, 2011 08:36 am

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