Samiran Chakraborty, Regional Head of Research, India, Standard Chartered Bank does not see much upside for the Indian currency from the current levels. The market has digested that the CAD won‘t be a risk for India anymore.
Irrespective of Fed‘s decision on its monetary stimulus plan, the rupee won‘t go to 63/USD and beyond, says Jayesh Mehta, Managing Director & Country Treasurer, Bank of America.
Amit Tripathi, Head- Fixed Income, Reliance Capital Asset Management told CNBC-TV18 that inverting of yield a temporary phenomenon in response to the measures that were announced by the Reserve Bank of India (RBI).
Greece will probably default but will not leave the euro zone, Fitch credit ratings agency said on Tuesday, as pressure increased on the Greek government to push through with fiscal reforms.