Rupee may trade close to 52.50/$: ING Vysya
The rupee continues to gain supported by strong inflows and a turn in sentiment. Janak Desai, Head - Wholesale Banking, ING Vysya says that the gains on the rupee have been surprising and may not extend much further based on fundamentals. For now the rupee may trade close to 52.50/$. The future trajectory of the rupee will depend on any fresh actions taken by the government.
