Rupee may range between 47.80-48.20: Greenback Forex

Friday, August 14, 2009 , Posted by Prasanth at 6:17 AM

On Thursday, the spot rupee ended higher at Rs 48.11 per USD as against its previous close of Rs 48.36 per USD.
According to Manis Thanawala, Greenback Forex, the rupee should open firm on the back of strong global cues and weak dollar. The currency market is seen subdued on account of Janmashtami. The range for the day is seen between Rs 47.80-48.20 per dollar.