Expect rupee to depreciate: Pramit Brahmbhatt

Rupee is expected to trade in a range of 63-63.70/USD today, says Pramit Brahmbhatt, Veracity.

Pramit Brahmbhatt, Veracity said, "Rupee is expected to depreciate as dollar demand from banks and oil importers would further hurt the Rupee. Investors will trade cautiously ahead of US data due for the day. Rupee is expected to trade in a range of 63-63.70/USD today."

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