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Rupee fundamentals deteriorating; see 66/$ by Dec: BofA ML

Quoting pick up in demand for gold, corporate debt payments and end of oil companys' FX swaps, Piron says there is slight worsening seen in rupee fundamentals. He, however, adds that the fall is unlikely to be as steep as seen last year.

first published: Jan 28, 2014 11:37 am

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