Moneycontrol PRO

business

Rupee may consolidate around 48.70-48.60/$: Citibank

The rupee has rallied sharply in 2012. Soumyo Dutta of Citibank says, the rupee may consolidate around Rs 48.70-48.60 per dollar zone. “Rs 47.90 per dollar will be the next target for the rupee,” he adds.

first published: Feb 6, 2012 12:26 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347