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Forex »
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Rupee likely to depreciate
August, 07th 2009
According to Manis Thanawala, Greenback Forex, the rupee is likely to depreciate on account of a strong dollar and marginally weak equities. Liquidity is likely to be thin due to the bank strike. The range for the day is seen between Rs 47.50-48 per dollar.
 
 
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