Expect rupee to gain marginally: Ssharad D Pawaar

The rupee is expected to gain marginally as the dollar continued its slide against the major currencies. The anticipated recovery in the equity market may lend support to the rupee. The range for the day is seen between 45.60-45.75/$, says Ssharad D Pawaar, CEO, SPFX India.

January 27, 2011 / 08:09 IST

Ssharad D Pawaar, CEO, SPFX India said that, "The rupee is expected to gain marginally as the dollar continued its slide against the major currencies. The anticipated recovery in the equity market may lend support to the rupee. The range for the day is seen between 45.60-45.75/$."

first published: Jan 27, 2011 08:07 am

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