The currency market has been in the eye of the global storm which is taking place. The rupee fell to its lowest in nearly six weeks today, after an equities selloff following a US rating downgrade ignited concerns about foreign fund outflows.
In an interview on CNBC-TV18, Chin Loo of BNP Paribas talks about where she sees currencies headed after the developments of the weekend. Below is a verbatim transcript of her interview with CNBC-TV18
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