Rupee to remain range-bound between 53.20 and 54.50/$: Standard Chartered
The Rupee gained in trade on Monday, partly reversing the losses from last week. Agam Gupta of Stan Chart explains that the steep declines last week were a combination of a slowdown in fund inflows and strong demand from oil companies. In the current environment, Standard Chartered expects the Rupee to trade between 53.20-54.50/$
