Possible slowdown of FII money into debt and equity markets could add pressure on currency.
We are much better placed than in 2013 with our overall fundamentals much stronger - higher foreign exchange reserves, a more favourable growth-inflation mix and an institutional framework for targeting inflation, says B Prasanna.
Global events will continue to be in the limelight, besides domestic policy.
Can we find fault with RBI for not intervening enough in the market? Actually no, say some experts. A correction in rupee was long overdue.
May touch 64/$ due to foreign flows slowing down
A gradual increase works best for the US, as well as global markets, says Nizam Idris managing director, head of strategy (fixed income and currencies), Macquarie Bank.
It would be a miracle indeed if we grow at 7/8 per cent a year over the current and next few years, says A V Rajwade
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
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