Rupee may rebound on cooling oil\, currency swap deal


Rupee may rebound on cooling oil, currency swap deal

Rupee

Despite hopes of a currency revival, capital outflows and rising US interest rates are key concern areas, said a Crisil report

71/$ – Rupee seen strengthening by March 2019

35% – probability of rupee settling at 74/$

13.8% – drop rupee this fiscal so far

13.5% – fall in rupee during fiscal 2013

11.2% – dip in rupee during fiscal 2014

7% – rise in dollar index since April

$16.2 bn – FPI outflows between April and October

CAD may cross 2.5% mark this fiscal