On Tuesday, the rupee ended higher at Rs 47.77 per USD as against its previous close of Rs 47.91 per USD.
According to N Subramaniam, Pinnacle Forex, the abundant dollar liquidity is likely to cap the dollar rally against all currencies. This may support the rupee to stay within a range. The range for the day is seen between Rs 47.30-48.00 per dollar.
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