Mitul Kotecha

In an interview to CNBC-TV18, Mitul Kotecha, Head of Fx Strategy-Asia Pacific at Barclays shared his readings and outlook on the rupee.

Barclays sees pause in Fed rate hikes in first half of next year

Speaking to CNBC-TV18 Mitul Kotecha, Head of Fx Strategy, Asia Pacific at Barclays said that risks are skewed towards a higher dollar.

Barclays sees rupee less exposed amidst uncertainty in US

In conversation with CNBC-TV18, Mitul Kotecha of Barclays, said the decline in the Indian currency is in line with other Asian currencies.

OPEC unlikely to clinch oil deal until November, says analysts

OPEC members gather in Algiers for the International Energy Forum starting Monday and are expected to hold informal talks following the two-day event. Algeria's oil minister Nourredine Bouterfa has warned prices could drop back into the USD 30 per barrel range if officials walk away empty handed, but that appears to be the most realistic scenario.

Dollar firms, weaker yen boosts Nikkei

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3 percent in early trading. Wall Street put in a mixed performance overnight, undercut by tumbling oil prices amid expectations that US crude inventories would again build to record highs.

Yen hits 18-month high, stays firm after BOJ skips easing

The dollar slid to as low as 107.075 yen, the greenback's weakest level since October 2014. The dollar was last trading at 107.37 yen, down 0.7 percent on the day, following on from a 3.0 percent fall on Thursday.

Yuan vs rupee: Picking the long-term winner

After years of lagging behind its biggest Asian neighbor, India is on track to overtake China as the world's fastest growing major economy this year. India's gross domestic product (GDP) is expected to pick up to 7.5 percent in 2015, before rising to 7.9 percent in 2016 and 8 percent in 2017, according to the World Bank.

See rupee at around 64.50 against USD by year-end: Barclays

Mitul Kotecha of Barclays expects rupee to be rangebound with a slight weakness but does not see dramatic decline in the currency.

Barclays +ve on $: 'See 64.5 for rupee, 1 for euro by Dec'

After touching the 100 level, the US dollar has retraced back to about 97. Barclays Barclays' head of forex for Asia-Pacific Mitul Kotecha said in light of the Fed's dovish stance, it may continue to take a pause in the very near term but maintained its medium term outlook to be strong.

Dollar to strengthen, see rupee at 64.5 by yr-end: Barclays

Mitul Kotecha does not expect the Indian currency to weaken significantly. He believes rupee is still the best performing emerging market currency.

Data flows in Indian market encouraging: Credit Agricole

“We are still concerned in the coming weeks and months that higher US treasury yields will reduce the flow of capital to India and other emerging markets. And on that basis, we still see some downside risks in the weeks and months ahead,” he told CNBC-TV18‘s Reema Tendulkar and Ekta Batra.

Will depreciating Yuan take toll on other Asian currencies?

China actively wants to weaken its currency, but it is unlikely to be a long-term trend and may last for few weeks, Mitul Kotecha, global head of currency strategy, Credit Agricole said.

Fragile 5 currencies to remain under pressure: Expert

According to Mitul Kotecha, the fragile five growup that includes Brazil, Indonesia, India, Turkey and South Africa will continue to remain fragile given the global worries, weak earnings momentum going ahead.

These currencies will fare worst vs the dollar in 2014

Mitul Kotecha, head of global markets research Asia at Credit Agricole bank, says higher US yields, relative growth outperformance and higher capital flows back into the world's largest economy will all help boost the greenback in 2014.

Rupee relief temporary, recovery far away: Credit Agricole

Mitul Kotecha, global head of currency strategy, Credit Agricole belives that the Indian currency is merely taking a breather after the steep volatility seen in the past few days.

Rupee looks undervalued, will touch 61/$: Credit Agricole

Mitul Kotecha, global head of currency strategy, Credit Agricole says the rupee could end up around the 60-61 level in the matter of days or weeks. He feels once the rupee touches 60-61 against the USD, it would look like a pretty cheap currency to hold. Overall my models would suggest that it is already looking undervalued.

World stocks gain on reports of action over EU crisis

World shares and key commodities such as oil and copper gained for a second day on Tuesday on speculation that European leaders would agree on fresh action to tackle the region's debt crisis, and on reports China plans measures to boost sagging growth.

Asian stocks firm, euro steady ahead of ECB

Asian stocks hit a seven-month high while the euro and commodity currencies held their ground on Wednesday on hopes a fresh cash injection by the European Central Bank will help further temper market tension and underpin risk appetite.