Credit Suisse upgrades rupee to 64 per USD, sees robust FDI inflow

Deepali Bhargava of Credit Suisse remains constructive on the rupee. The house has recently upgraded its three-month rupee forecast to 64 compared to 65 earlier on broad dollar weakness.

CNBC-TV18

December 15, 2017 / 09:04 IST

Deepali Bhargava of Credit Suisse remains constructive on the rupee. The house has recently upgraded its three-month rupee forecast to 64 compared to 65 earlier on broad dollar weakness.

Despite Credit Suisse's expectations of higher inflation and wider current account deficit next year, she expects CPI inflation to remain contained in the RBI's target range and FDI inflows to remain robust.

CNBC-TV18

first published: Dec 15, 2017 09:04 am

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