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    Rupee will continue to stay in 60 to 63 range: Arindam Ghosh

    Synopsis

    Over a one-year perspective with the FED tapering underway and possibility of dollar strengthening, we do not see that happening, he said.

    ET Now
    In a chat with ET Now, Arindam Ghosh of BlackRidge Capital Advisors shares his views on the rupee.

    ET Now: What is your take in terms of rupee move? Could rupee overshoot below 60 levels?

    Arindam Ghosh: In the short term, there is a possibility that rupee may overshoot. But over a one-year perspective with the FED tapering underway and possibility of dollar strengthening, we do not see that happening.

    It will continue to stay arranged and the range will be between 60 to 63 levels.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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