Crisil: Rupee may regain 50 to a dollar by March 2013

July 02, 2012 17:20

Rating agency Crisil today said it expects the rupee, which has been at the receiving end for quite some time and hit an all-time low of 57.32 to the dollar
recently, will regain the 50 level by March-end subject to the government taking measures to revive growth. The domestic currency will appreciate to touch the 50 level by next March provided certain measures are taken by the government urgently, the rating agency's research wing said in a note.

Early days yet to plan that holiday in May 2013.

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