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Equities may trade lower this summer: Stuart Oakley
The markets’ loss of confidence in the rupee is largely due to structural problems with the Indian economy. Also, if the global markets continue to suffer from risk aversion, it’s not unreasonable to expect the rupee to weaken by another five per cent or more, says Stuart Oakley, MD & Head (Emerging Markets FX Trading Asia), RBS Markets & International Banking, in a conversation with Puneet
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