Agam Gupta of Standard Chartered Bank feels the rupee is expected to open weak. "Strong non farm payroll data could further support dollar strengthening."
According to him, there is an expectation of RBI intervention, to cool off the market by supplying dollars on higher rupee levels. "The range for the day is seen between 57.10-57.50/USD,"Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
