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Praveen Gurwani
The rupee is likely to rise against the US dollar today, as banks may sell the greenback on hopes of dollar inflows from foreign institutional investors after a strong performance by local stock market on Thursday.
However, dollar demand from oil companies will prevent a sharp rise in the rupee.
It's likely to range between Rs 45.90-46 per dollar.
However, dollar demand from oil companies will prevent a sharp rise in the rupee.
It's likely to range between Rs 45.90-46 per dollar.