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    Expect rupee to trade in 60.80-61.50/USD range: Raina

    Expect the Rupee to trade in a narrow range of 60.80-61.50/USD till the outcome of the FOMC meeting, says Ashutosh Raina, HDFC Bank.

    September 16, 2014 / 08:55 AM IST

    Ashutosh Raina of HDFC Bank said, "Markets await the outcome of the crucial 2-day FOMC meet and the Scottish referendum.”

    “We had poor IIP and CPI data but a better than expected WPI also failed to cheer the markets. Expect the rupee to trade in a narrow range of 60.80-61.50/dollar till the outcome of the FOMC meeting,” he added.

    Tags: #Ashutosh Raina #currency #dollar #HDFC Bank #Rupee #USD
    first published: Sep 16, 2014 08:55 am

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