Rupee Set To Move In A Narrow Lane

The rupee is likely to trade in a range of 47.05-17 per this week.
Forex Street denizens are watching whether the Reserve Bank of India (RBI) will allow the local unit to appreciate or keep it in the same range in the next couple of days.
The rupee had ended at a 20-month closing high on Wednesday last
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First Published: May 19 2003 | 12:00 AM IST
