The rupee has been under pressure this week, with Brent above $100 a barrel. The currency has given up much of the gains fueled by the RBI’s recent measures to curb speculative arbitrage bets that had pushed the rupee to record lows last month.
Rupee’s current valuation provides an attractive entry point: CEA V. Anantha Nageswaran
Mint·Mint··1 min readLimited
M
Continue reading on Mint
This article was sourced from Mint's RSS feed. Visit the original for the complete story.
Limited free access — this source offers metered access before requiring a subscription.