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Rupee may strengthen on weak dollar, crude: StanChart

Anant Narayan, managing director and regional head of fixed Income & Currency Trading - South Asia, Standard Chartered Bank said that crude oil is coming off after S&P downgraded US debt ratings and it may help pushing up the rupee in the long run.

August 08, 2011 / 17:07 IST
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The rupee is likely to dip further on falling Asian markets after a US rating downgrade. However, experts feel that it may get a boost on sinking crude oil. Speaking to CNBC-TV18

TAGS: #Anant Narayan #Crude oil #dollar #Rupee #S&P #Standard Chartered Bank #US debt ratings
first published: Aug 8, 2011 10:04 am

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