In an interview to CNBC-TV18, Vivek Rajpal, rates strategist, Nomura India says, 53-54 is the fair value zone for the rupee.
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53-54/$ is fair value zone for rupee:
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Rupee may show strength against US dollar:
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Sensex has support at 17,290 & 17,070:
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Rupee moves up by 4 paise to 44.39 vs dollar
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Dollar depreciates versus rupee
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Rupee recovers part of early losses
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Rupee rises 0.3% to 42.9925 per dollar
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Rupee ends lower at 54.33 a dollar
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Rupee falls 0.5% to 48.52 levels
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Rupee continues to trade stronger
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Rbi fixes reference rate for USD at Rs 51.20
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Rupee softens by 3 paise to Rs 52.98/99 per dollar
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Rupee holds steady at Rs 49.32/33 vs dollar
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Indian rupee is likely to rise in early session:
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Rupee appreciates to 45.77 against dollar
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Sensex has supports at 16,960 and 16,800:
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Rupee opens at 45.06 per dollar