Callum Henderson, managing director and global head of FX Research at Standard Chartered Bank told CNBC-TV18 that he expects the equity related currencies to stabilise and recover over the next few weeks.
He feels that the dollar will continue to have a medium-term weak bias. "In the short-term, we have seen huge amounts of volatility in the equity markets which has spilled over into the currency markets," he clarified. Below is the verbatim transcript of Henderson
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!
