There have been some concerns with regards to money flows, flowing back to the developed markets which are affecting currencies.
Cristian Maggio of TD Securities, in an interview on CNBC-TV18, sees the rupee rallying in the future and also expects portfolio flows entering Indian markets. He, however, expects the US dollar to rally against the euro and plunge to 1.05 in 2011. Below is a verbatim transcript of his interview with CNBC-TV18Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!