Economy / India
Key Market Views: Bullish Indian Rupee
March 2010 | Market StrategyWe continue to favour Asia FX outperformance, both on a technical and fundamental basis, and several currencies are looking particularly attractive against the US dollar this morning. In line with our core view (see 'India Hikes, Who's Next?', March 22), the Indian rupee and Malaysian ringgit are leading the pack, with both on the ascent towards our INR43.50/US$ and MYR3.1000/US$, respectively.
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