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Ashutosh Raina of HDFC Bank feels dollar-rupee is stuck in a consolidation phase.
Mumbai: Rupee on Tuesday ended unchanged at 62.50 versus US dollar after gaining 5 paise to 62.45 per dollar in early trade against previous day's close of 62.50.
Ashutosh Raina of HDFC Bank feels dollar-rupee is stuck in a consolidation phase. He expects this sideways movement to continue for some more time.
According to him, the range for the day is seen between 62-63/dollar.
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