The rupee on Friday gained 33 paise to nearly six-month high of 51.41 against the dollar in early trade on strong capital inflows and a firming trend in the equity market after the government unleashed second wave of reforms on Thursday.
Though experts have mixed response, some see rally to continue and rupee might touch 50 level in next 2-3 months, while some say implementation of policies will be a big challenge for the government. In case government do stand on market expectation, rupee will come down to 54 levels.
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