INSUBCONTINENT EXCLUSIVE:
The rupee recovered by 20 paise against the US dollar to close at 69.91 on Friday
With that, the rupee concluded the week with a total gain of 24 paise
thrilled" with the Federal Reserve under his own appointee for raising interest rates.With the rupee not far from its all-time closing low
prices showing signs of strengthening, given our current account deficit and US-China trade talks not making much headway, we expect
70.00-70.40 to be the new normal for dollar-rupee," Salil Datar, CEO and executive director, Essel Finance VKC Forex, told
Kanti Ghosh said that any sudden appreciation or depreciation of the rupee is not good as it adds volatility in the market.The rupee has
Whether the rupee touches the 72 level against the greenback, it hardly matters, he said.
