Rupee heading to 33?

Kaushik has been doing a great job of tracking the financial markets (for a long time now).

This piece caught my eye, as I hold the same sentiment on dollar depriciation.

"Lehman Brothers (NYSE:LEH) said the Indian rupee may appreciate to as high as 33 per usd in the next five years and expects the Indian central bank to follow a ‘middle-path’ in handling the currency appreciation."

Source 1

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Mahant!

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