Extremely Worried About Rupee: Barclays Capital
  • Gaurav Sarkar
  • Aug 08 2013

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.