Claudio Piron

Claudio Piron of BofAML continues to remain bullish on the dollar. Despite Donald Trump not wanting a stronger dollar, ultimately, a stronger dollar will prevail despite the volatility.

'See slow US growth; India better placed among BRICS nations'

David Mann, Head- Asia Economic Research at Standard Chartered, says there has been no serious stimulus by the policy makers in China and this is becoming difficult for the market to absorb the fact.

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.

Indian rupee opens higher by 160 paise at 67.20/dollar

Claudio Piron of Bank of America Merrill Lynch feels that the rupee continues to depreciate and we have to wait for the current account to correct and assume less foreign institutional investor inflows under Fed QE tapering.

Rupee continues to depreciate: Claudio Piron

A conservative estimate is rupee goes to 70/USD by year-end and to 75/USD by the end of 2014, says Claudio Piron, BofA ML.

Risk of QE tapering priced in; see US 10-year at 2.5%: BoA

According to Claudio Piron, the US 10-year bond yields will be touch 2.75 percent by the end of Q3 due to anticipation about the Fed tapering in Q3.

Indian rupee closes at record low of 60.71/dollar

Dealers say the Indian rupee is at all-time low as banks' stop losses triggered, reports CNBC-TV18 quoting cogencis.

Year-end target for rupee stands at 57/USD: Claudio Piron

Claudio Piron of Bank of America Merrill Lynch says the RBI forex policy comfort zone would be to try and establish rupee in a 54-58/USD range.

Slowly revising up our dollar-rupee targets: BoA

Claudio Piron, Head of Emerging Asia Foreign Exchange and Fixed Income Strategy, Bank of America have been bullish on INR for the past year. “We have been slowly revising up our dollar-rupee targets” he said. He is looking for a range around 53-54, by the end of year, if not then end of Q2.