RBI can't do much on rupee at current level: BofA-ML

PUBLISHED ON: July 3, 2013 | Duration: 8 min, 27 sec

   
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Jayesh Mehta of BofA-ML talks about the rupee and says that there could be sustained pressure if the current account deficit situation in the country does not improve. He also says that the RBI currently does not have too much ammunition to interject at the current level.
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