Rupee likely to average at 69 per US dollar in FY19, to be driven by stronger domestic macro fundamentals: Report
"While near-term volatility cannot be ruled out as the rupee is highly correlated with other Asian emerging market (EM) currencies, we believe the rupee should stabilise sooner than later," Sameer Narang, chief economist at Bank of Baroda said in a research note.
The post Rupee likely to average at 69 per US dollar in FY19, to be driven by stronger domestic macro fundamentals: Report appeared first on Firstpost.
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