Rupee to remain in range of 45.55-45.80: Nanivadekar

It's likely to be a tricky day for the rupee. Global cues and stock market trends are supportive but importer demand may limit the gains. 25 bps rate hikes by the RBI has been already factored in. The range for the day is seen between 45.55- 45.80%, says Vikram Nanivadekar, Verity Analytics.

January 25, 2011 / 08:07 IST

Vikram Nanivadekar, Verity Analytics said that, "It's likely to be a tricky day for the rupee. Global cues and stock market trends are supportive but importer demand may limit the gains. 25 bps rate hikes by the RBI has been already factored in. The range for the day is seen between Rs 45.55- 45.80."

first published: Jan 25, 2011 08:05 am

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