Rupee Risks Falling Into Vicious Forex-Inflation Cycle
  • Nikita Setia
  • Aug 28 2013

August 28: With the rupee in free fall despite measures by the RBI and the government, Bloomberg TV India asks Sanjeev Sanyal, Global Strategist at Deutsche Bank, whether he expects more measures. “The rupee is weaker than fair value and risks falling into a vicious cycle where a dwindling forex rate boosts inflation, which, in turn, pushes the currency lower,” he says.