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Why does Jamal Mecklai see Re north of 45 by May 2011?

Jamal Mecklai, CEO, Mecklai Financial Services, in an interview on CNBC-TV18 says that interest rates are not the only key factor for the currency to move. "Currency, however, could weaken in the medium-term," he adds. He also spoke about how he expects the rupee to perform going forward.

first published: Apr 27, 2011 02:59 pm

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