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Rupee may continue to underperform into next year: JPMorgan

The dollar got as expensive as Rs 50.40 in the early morning trade. The market feels RBI might have sold some dollars. Brijen Puri, head of foreign exchange trading at JPMorgan feels the rupee will continue to underperform into the next year given poor fundamentals.

first published: Nov 11, 2011 01:21 pm

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