Expect Volatility In Currency Markets: Partha Bhattacharyya
  • Elizabeth George
  • Oct 04 2013

October 4: Mecklai Financial Services’ Partha Bhattacharyya sees some unpredictable factors leading to volatility in currency markets. “Remittances and FCNRB will attract inflows,” he says, adding that the RBI will likely buy back dollars when rupee hits 60-61 levels. DBS Bank’s Radhika Rao says while the rupee has had substantial gains, global factors could keep it under pressure.