HomeNewsBusinessMarketsRupee may test 49.20 if 48/$ gives away: JPMorgan

Rupee may test 49.20 if 48/$ gives away: JPMorgan

Brijen Puri, head of FX Trading, JP Morgan, tells CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee that the rupee is low due to feeble trade deficit numbers and weak global sentiment.

September 14, 2011 / 12:41 IST
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The Indian rupee opened at 47.78 per dollar as against its yesterday's close of 47.60. Experts feel that the rupee is likely to pause today after its sharp fall against the dollar yesterday as positive cues from the equity market may support the currency.

Brijen Puri, head of forex trading at JP Morgan, tells CNBC-TV18
first published: Sep 14, 2011 10:30 am

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