Rupee Should Find 60/$ Level Soon: Aditya Puri
  • Elizabeth George
  • Sep 16 2013

September 16: HDFC Bank’s Aditya Puri believes the worst is over for the rupee. “The government has curbed CAD below $70 billion and gold imports will likely remain low. Exports have increased and will remain strong and I believe we will get $15-20 billion through FCNR swaps before November 30,” he says to explain his optimism. While we are not discounting the action taken by the government, still more needs to be done, he adds.