Rupee likely to appreciate towards 52-53/USD: Taimur Baig

We are looking at a year when growth is supposed to pick up a tad as exports recover and investment bottoms out, says Taimur Baig, Deutsche Bank.

February 15, 2013 / 08:39 IST

Taimur Baig, Deutsche Bank said, "We are looking at a year when growth is supposed to pick up a tad as exports recover and investment bottoms out, some market-pleasing reforms gain traction, inflation remains stable or eases somewhat, and capital inflows continue the trend seen in the last few months of 2012. In this scenario, the rupee is likely to appreciate somewhat, perhaps toward 52-53/USD."

first published: Feb 15, 2013 08:39 am

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