India Has High Potential: Ashmore Investments
  • Gaurav Sarkar
  • Aug 26 2013

August 26: Jan Dehn, Head-Research, Ashmore Investments, states that weakening of the rupee is due to cyclical adjustments and that central banks including India are comfortable with the rupee fall. However, he adds, “If the currency falls any further, then the Reserve Bank of India (RBI) is most likely to intervene.”