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See Re at 47-48/$ if equities stabilise: StanChart Bk

Posted by Manish Agrawal on Wednesday, 10 December, 2008

Hemant Mishr, Head-Global Markets, Standard CharteredBank, said the rupee will continue to stay volatile. He expectsequities to be the key leading indicator going forward. “We see rupee within Rs 47-48 per dollar if equities stay stable.”

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