The real determinant of the market conditions is how resilient the domestic macro policy is in order to be able to absorb the market conditions. The rupee movement in India would not be too different from what is happening with Brazilian rial or Italian peso.
Rupee will continue to adjust to a lower level
Rajeev Malik
• June 20, 2013, 15:02:24 IST
The real determinant of the market conditions is how resilient the domestic macro policy is in order to be able to absorb the market conditions. The rupee movement in India would not be too different from what is happening with Brazilian rial or Italian peso.
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 "Rupee will continue to adjust to a lower level")
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