Market Psychology Driving Rupee Down: Credit Suisse
  • Saba Ashraf
  • Aug 20 2013

August 20: Neelkanth Mishra, Head of Equity Strategy India at Credit Suisse, says the currency weakness and banking system’s large NPAs played spoilsport, with RBI’s steps only highlighting these problems. “Weak rupee, slowing growth and sluggish exports recovery make FIIs jittery and this creates worries of fund outflows,” he says.