Rupee likely to remain under pressure: Sharma

The rupee is likely to remain under pressure on expectations that domestic equity markets may continue to be weak, says Subramaniam Sharma, Greenback Forex.

January 17, 2011 / 08:14 IST

Subramaniam Sharma, Greenback Forex said that, "The rupee is likely to remain under pressure on expectations that domestic equity markets may continue to be weak. Higher inflation may also impact the currency but exporter selling may limit losses. The range for the day is seen between 45.30-45.55/$."

first published: Jan 17, 2011 08:12 am

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