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Difficult To Say Rupee Has Bottomed: Bhanu Baweja

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September 11: UBS Investments’ Bhanu Baweja sees a near-term breather for the rupee and says it might stabilise in the short term. However, fundamental issues have not been resolved yet he says, adding that the focus has shifted to the capital account. “We may see more outflows once the Fed QE tapering starts,” he says, adding that a lot of money can still go out of India.