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Rupee fair value between 55-65/$: BofA-ML

Indranil Sengupta, India Chief Economist, Bank of America-Merrill Lynch, says the rupee could appreciate to 65 levels versus the dollar by March 2016.
Rupee correction healthy; see 64.5-65/$ in near-term: StanC

With USD 70-80 billion net long rupee positions having built over the last few months, it makes a strong case for volatility and vulnerability, feels Ananth Narayan of Standard Chartered Bank.

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