Rupee to depreciate further, oil should be aligned with market prices: Experts
On NDTV Profit, Manoj Rane, MD & Head Fixed Income & Treasury - India, BNP Paribas and Janak Desai, Country Head - Wholesale Banking, ING Vysya Bank give their views on how crude oil and rupee are going to perform ahead. Rane expects further depreciation in the rupee. Desai feels that policy uncertainties have added to the rupee's slide and the government needs to revive the capital flows. "Oil needs to be aligned with market prices," he added.
