Rupee could breach the 70-mark by December: Deutsche Bank
The rupee is expected to see further depreciation in the coming months and could breach the 70-mark by December and touch 72.50 by the end of 2017, banking major Deutsche Bank has said. A "more active" US Federal Reserve would help in strengthening the dollar, it added. This will help maintain India's export competitiveness against other emerging markets, it added.