Moneycontrol PRO
LAMF
LAMF

business

Rupee to depreciate further: CLSA

With the rupee plunging to fresh record lows, foreign brokerage CLSA says India's current macro settings have quite a few similarities to the situation in 1991 but the recovery this time will be much tougher, reports Sajeet Manghat of CNBC-TV18.

first published: May 21, 2012 09:31 pm

Advisory Alert:

It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347