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Rupee Unlikely to Go Below 58/Dollar: Axis Bank

PUBLISHED ON: July 28, 2014 | Duration: 14 min, 07 sec

  
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Ashok Gautam, senior vice president & head of global market (treasury) at Axis Bank says the Reserve Bank is likely to buy $40-60 billion in the next three to four months, which will prevent the rupee from sharp appreciation.
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