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On Tuesday, the spot rupee ended lower at Rs 48.75 per USD as against its previous close of Rs 48.61 per USD.
According to N Subramaniam, Pinnacle Forex, the rupee is likely to be rangebound today between Rs 48.60-48.90 per dollar. Expect dollar supply at Rs 48.90 per dollar level. The currency will also take cues from the equity market.
