Rupee Rally & The Poll Outcome
  • Elizabeth George
  • Mar 26 2014

March 26: The rupee's stellar rally continues, with it rising to an 8-month high at around 60.20 per dollar and being the second-best performing EM currency in the past three months. Top FIIs who have been pouring in money so far have told Bloomberg that there may be severe downside pressures if the elections throw up a fractured mandate.