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Currency Is A Trending Animal: Madhav Dhar

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October 7: Madhav Dhar, Managing Partner at GTI Capital Advisory Services, says the currency’s fair value is in the middle to high-50s. The 68-69/$ level was “ridiculous”, and the rupee should strengthen from here, he says. “The worst is behind us and the country is moving in a positive direction,” he says, adding that recent evidence shows there is a broad upward trend.