Weaker dollar may strengthen rupee: Experts

With the third round of quantitative easing approaching in the coming week, experts discuss its effects on the currency. V K Sharma, head of business private broking and wealth management of HDFC Securities and Avinnash Gorakssakar, founder director of Moneyinvestments.in, explain how the weaker dollar resulting in a stronger euro would possibly make rupee a bit stronger. Experts also mention the possible effect of the Shome committee’s recommendations approaching back home.