Barclays Capital positive on Asian currencies

Barclays Capital's currency strategist of Asia, Nick Verdi feels that the rupee pessimism has been overdone. He looks at a year-end rate of around 44.5. In an interview to Verdi told that Europe will be the key issue for markets in the near term with the present events taking place in the US economy and Europe

August 11, 2011 / 13:24 IST

Barclays Capital

first published: Aug 11, 2011 12:01 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

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