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Expect rupee to trade in range of 62-63/USD: Ashutosh Raina

The trade deficit numbers for June quarter have been more or less on expected lines, which has lent some strength to the rupee, says Ashutosh Raina, HDFC Bank.

October 03, 2013 / 08:42 IST
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Ashutosh Raina, HDFC Bank said, "The partial shutdown in US has led to dollar losing against all other major as well as emerging market currencies. Back home, the trade deficit numbers for June quarter have been more or less on expected lines, which has lent some strength to the rupee. Expect the currency to trade in the range of 62-63/USD today."

first published: Oct 3, 2013 08:42 am

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