HomeNewsBusinessMarketsSee rupee to rally to 42/$ by yr-end: TD Sec

See rupee to rally to 42/$ by yr-end: TD Sec

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.

January 24, 2011 / 16:48 IST
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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-TV18

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