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Don't see rupee at 60/$; no rate cut in June: Dron Cap

Gandotra does not expect Fed to start tapering soon because it would damage their bond yields and economic recovery. Therefore, the emerging market currencies could also see a pullback. Moreover, he does not see the rupee depreciating to the level of 60/USD.

first published: Jun 11, 2013 12:08 pm

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