The rupee closed at 59.72/73 per dollar after government sources said that they were not considering issuing sovereign bond to offshore investors right now.
Infy numbers may not be great now. But in the next 2-3 quarters, the volatility in Infosys may come down and the chances of it outperforming the markets will get better
Anant Narayan, MD-Regional head of fixed Income & Currency Trading (South Asia) at Standard Chartered Bank, in an interview with Latha Venkatesh and Sonia Shenoy, gave his views on the phenomenon of strengthening rupee with a lot of dollar flows and whether it will extend beyond March 31.