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Rupee May Fall To 73 Against Dollar By End-2017, Says Report
Rupee neared a three-month high of around 66.90 per dollar on Wednesday Rupee could reverse its gains as it faces downward pressure, say analysts Outperformance of rupee unlikely to continue, says Edelweiss Securities
18 Feb 2017, 03:53 PM IST 
The report says that the rupee will not be able to escape global US dollar rally.
The rupee has shown remarkable strength against the US dollar at a time when the greenback is rising against other currencies. The recent decision by the Reserve Bank of India to keep interest rate on hold and signal a change in policy stance to 'neutral' from 'accommodative' gave a big boost to the Indian currency. The rupee is close to 67 level against the US dollar, which was near three-week highs against a basket of other global ...
