Pradeep Khanna

Rupee stable on FII flows; 60/$ likely till yr-end: HSBC

The Indian rupee opened at 60.44 against the dollar today and this steady level is likely to sustain until the year-end, says Pradeep Khanna, managing director & Head- FX Trading, HSBC India.

Do not see strong buying of dollars by FIIs: HSBC

According to Pradeep Khanna, market sentiment is playing a crucial role in deciding the rupee movement at the moment. He does not see any trend for strong buying of dollars by the foreign investors at the moment.

HSBC sees $1.5-2bn more FII outflow from debt; no rate cut

In an interview to CNBC-TV18, Pradeep Khanna, managing director and head- FX Trading, HSBC India says the currency is likely to be hammered more on the back of more FIIs removing their money from the market.

See rupee above 53.70/$; Bernanke's testimony eyed: HSBC

Despite expectations that Bernanke will continue to make the case for stimulating the economy through its bond-buying programme at his testimony, most respondents in a CNBC survey expect the US dollar to remain strong and press oil prices towards the lower end of their trading range.

RBI decision won't impact currency market: HSBC

The circular the RBI has put out on their website on Friday evening is pretty much operationalisation of a new process of moving towards setting limits on open positions which they had put out in draft format sometime last year, says Pradeep Khanna, MD & head of FX Trading, HSBC India, in a chat with CNBC TV-18.

Rupee unlikely to retest 57 in near-term: HSBC India

The biggest move came on the rupee yesterday with a near 2% gain.In an interview to CNBC-TV18, Pradeep Khanna of HSBC India says, 54.30-54.50 is an immediate support for the rupee. "If you are talking about the short-term now, it‘s extremely unlikely that we‘ll take out 57," he adds.

Is the rupee depreciation growth positive? Experts debate

The rupee hit a record low against the dollar for a second consecutive session on Friday to approach the psychological 57 mark, hurt by dollar demand from oil firms and gold importers, as well the broad risk-off sentiment.

RBI to take incremental steps for correcting rupee: HSBC

The woes for the Indian currency cease to wane. With every passing trade session, the rupee touched new lows on Tuesday and reached a record low of 55.38 to the dollar , down 35 paise from the previous close of 55.03 a dollar.

Deficit Re likely to weaken in uncertain times: HSBC India

In an interview to CNBC-TV18, Pradeep Khanna of HSBC India says with the instability arising out of the euro zone and the burgeoning current account deficit that we have, it is fairly natural for the exporters to be a bit circumspect about selling.

Re has long-term target at around 56 levels: HSBC India

Pradeep Khanna, Managing Director and Head of FX Trading at HSBC India said that the risk sentiment is fairly weak and cautious on global basis and we are unlikely to see large capital flowing into equity investments from FIIs. He further stated that the long-term target could be seen at around Rs 56 levels.