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Rupee fall not data-based but due to weak sentiments: HSBC

According to Hitendra Dave, the RBI has to recognise that the current weakness in currency is not data-based but on persisting poor sentiment from June-August. Once they bridge that gap, the fear of India being at the forefront of the weak currency list, will cease to exist.

first published: Nov 12, 2013 01:17 pm

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