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Psb $ Buying Key To Spot Rupee

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:40 AM IST

Spot rupee will hover in a range between 48.65 and 48.85 against the US dollar during the week. Forex dealers are expecting a decent supply of the greenback on account of foreign institutional investments as well as remittances from abroad. But, dollar buying by public sector banks (PSBs) will hold the key.

Said a dealer with a foreign bank:

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First Published: Mar 04 2002 | 12:00 AM IST

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