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Indian rupee analysis and forecasts: October 17th 2007
Volatility remains a threat Please add this page to your list of favourites and visit again.
Confidence in the rupee will remain strong in the short term with the potential for further capital inflows.
The Reserve Bank will continue to curb short-term rupee gains
Asian currency gains will help support the rupee
There will be a risk of sharp rupee losses if there is a renewed correction in carry trades.
Volatility levels are liable to increase
Forecasts:
| Currency | Spot (17-10) | 3-month forecast | 6-month forecast | 12-month forecast |
| US$/INR | 39.60 | 41.00 | 38.00 | 41.00 |