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The rupee has nearly depreciated by 12-14{e71c3409cd5617406a9f4e04b4c410362487a628e8a0ee85a1579543149de19a} in opposition to the US dollar since early March and has been driven by a mixture of deteriorating world threat sentiment and bleak domestic fundamentals. There is hardly any room for improvement in domestic macro fundamentals in the near time period, therefore any pullback within the greenback/rupee is likely to be largely dependent on policy initiatives or an improvement in global danger-appetite. CMD Money Matters Monetary Companies Ltd Rajesh Sharma says the RBI is expected Read More