66 By Year End

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Rupee fundamentals deteriorating; see 66/$ by Dec: BofA ML

Quoting pick up in demand for gold, corporate debt payments and end of oil companys' FX swaps, Piron says there is slight worsening seen in rupee fundamentals. He, however, adds that the fall is unlikely to be as steep as seen last year.

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66 By Year End

Rupee fundamentals deteriorating; see 66/&#36; by Dec: BofA ML

Rupee fundamentals deteriorating; see 66/$ by Dec: BofA ML