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Rupee May Fall To 68.5 Against Dollar By Year-End: JP Morgan

PUBLISHED ON: August 31, 2016 | Duration: 31 min, 10 sec

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Brijen Puri, head of currency and emerging markets at JP Morgan India, says rupee should depreciate by 2-4per cent on an annualised basis. By the end of the calendar year, rupee could fall to around 68 to 68.5 against US dollar, he added.
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