Sep 17, 2013 – Uploaded by Bloomberg TV India
“We are seeing a correction in rupee now and hope to see it moving to 60 and below,” says Nandita Parker. The US Fed will continue to add liquidity before it takes it down, so there is time for the world to prepare for it, she says. “The government needs to provide fiscal space to allow RBI to meet price stability and growth goals. It’s up to the government to see how they will attract FII and boost growth,” she adds.