NIFTY  8,945.20  0.20%
  SENSEX  28,926.60  0.21%
 CURRENCY  Rs  66.97/$ 70.65/€, 83.29/£
  GOLD  29,260.00  0.18%
  SILVER  42,708.00  -0.01%
  DAX  11,998.60  0.26%
  FTSE  7,302.25  0.38%
  CAC  4,895.88  0.12%
  HANG SENG  24,202.00  0.99%
  NIKKEI  19,379.90  -0.01%
  Shanghai Composite  3,261.22  0.13%
  DOW JONES  20,775.60  0.16%
  NASDAQ  5,860.63  -0.09%
  S&P 500  2,362.82  -0.11%
FROM COGENCIS - JP Power: ICICI Bank Acquired 13.6% Share In Co Via Debt Recast ANDREW FRERIS - It Will Be Unwise Of Fed To Hike Rates 3 Time This Year

Extremely Worried About Rupee: Barclays Capital

Video:

Play this video

Bhuvnesh Singh, MD & Head of India Research at Barclays Capital, says that the rupee will depreciate on a secular basis in the next five years, and significant capital flows are unlikely in this period. “The rupee will remain volatile in the short term,” Singh says, adding that it may stabilise to 59/$ level on RBI measures.