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Sunday 27 April 2014

Rupee to open around 60.60/dollar

Agam Gupta of Standard Chartered said that, "Expect rupee to open around 60.60/dollar levels. The downward momentum from Friday could continue but expect real demand from nationalised banks to come in at 60.40/dollar levels." 

"Exporters who missed the bus will look to sell on any upticks until levels of 60.80/dollar. The range for the day is seen between 60.40-60.80/dollar," he added.

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