Cannot ignore rupee fundamentals, global risk aversion strong: Economists
PUBLISHED ON: May 17, 2012 | Duration: 17 min, 01 sec
Indranil Pan, Chief Economist, Kotak Mahindra Bank and Madan Sabnavis, Chief Economist, Care Ratings shares their views on how the rupee may perform going forward. Sabnavis said that the rupee is still under pressure. Pan said that one cannot ignore fundamentals of the rupee. "The risk aversion is strong globally," he added.