Near-Term Threat To Rupee Over: Richard Gibbs
  • Elizabeth George
  • Sep 23 2013

September 23: The near-term pressure on the rupee has eased, says Richard Gibbs, Global Head at Macquarie Securities. We’ve stabilized the fund outflows, he says, but adds that “Structurally, India is dealing with twin deficits, which is not a positive for medium term exchange rate.”