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Deutsche Bank sees Re over 54.2 if global weakness persists

Sameer Goel, head of Asia rates and currency research at Deutsche Bank feels rupee looks undervalued by 10-12% and oversold in the short-term. He also indicated that the weak global sentiment can last longer and Rs 54.20 per dollar could be breached if global weakness continues.

first published: Dec 22, 2011 12:55 pm