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    Expect rupee to reach 53/USD by end of Q1: HSBC

    Dominic Bunning of HSBC in an interview to CNBC-TV18 says currency may continue to make gains and expects rupee to appreciation. “We can certainly see dollar-rupee trade lower. We have got end of Q1 target of around 53 for dollar-rupee. We do still see some more appreciation for the rupee from here,” he asserts.

    first published: Jan 18, 2013 02:00 pm

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