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See Rupee Stabilising At 60-61/$: David Gaud

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August 6: David Gaud, Sr. Portfolio Manager at Edmond de Rothschild Asset Management, says, “The tension in some regions is keeping the price of oil high and weaker currencies also add to the problem.” “The RBI strong measures to rein in the rupee were surprising but needed, and will result in some improvement in India’s fiscal situation,” he says.