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Expect rupee to trade in 60.80-61.50/USD range
By : Simran ShahAshutosh 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.