Moneycontrol PRO

business

Slowly revising up our dollar-rupee targets: BoA

Claudio Piron, Head of Emerging Asia Foreign Exchange and Fixed Income Strategy, Bank of America have been bullish on INR for the past year. “We have been slowly revising up our dollar-rupee targets” he said. He is looking for a range around 53-54, by the end of year, if not then end of Q2.

first published: Jun 7, 2013 08:37 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347