HomeNewsBusinessMarketsRupee seen between 62.2-62.8/USD: Ashok Gautam

Rupee seen between 62.2-62.8/USD: Ashok Gautam

If currency markets sense oil related dollar outflows, rupee could come under medium term pressure, says Ashok Gautam, Axis Bank.

November 11, 2013 / 08:46 IST
Story continues below Advertisement

Ashok Gautam, Axis Bank said, "Earlier than expected close of the RBI swap window could impact on dollar-rupee movement in medium term."

"If currency markets sense oil related dollar outflows, rupee could come under medium term pressure. The range for the day is seen between 62.2-62.8/USD," he added.
first published: Nov 11, 2013 08:46 am

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!