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Mood is somber; rupee may see 58-60/$: StanChart Bank

The rupee fell to as low as 56.49 in early trade, just off a record low of 56.52 hit on May 31. In an interview to CNBC-TV18, Anant Narayan of Standard Chartered Bank says, the mood is pretty somber. "Is the market clear that there is something to stop it going to 58 or 60? No, it is not. So that cannot be ruled out as a possibility," he adds.

first published: Jun 21, 2012 12:48 pm

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