Rupee unlikely to retest 57 in near-term

[epicresearch]

The biggest move came on the rupee yesterday with a near 2% gain.In an interview to CNBC-TV18, Pradeep Khanna of HSBC India says, 54.30-54.50 is an immediate support for the rupee. "If you are talking about the short-term now, it’s extremely unlikely that we’ll take out 57,