The dollar-rupee moves will be relative to the strength of the dollar and its movement against other emerging markets.

Divergence between the ECBs easing versus the Fed’s tightening will have impact on currency markets and that will not be very good news EM ...

Fed is looking at medium-term trend, which do indicate that the US economy is growing, albeit at a modest pace, says Kulhalli.

Badrish Kulhalli, HDFC Life, feels RBI would maintain rupee at a level which is in line with EM peers.

It is very difficult to call a level. We could see lower levels, we could see higher levels. Is this the bottom, is 67 the bottom?

"All the macroeconomic concerns seem to be sorting themselves out in a positive way. It will make for a good outcome for India."

"Overall, we would expect very low numbers of IIP to continue. We have not seen any evidence of a pick-up in production in any other sector...

' There has been some amount of cutbacks in social sector spending and we need to see the impact of the higher spending on infrastructure s...

We have seen an extended period where the rupee and as well as the equity markets have outperformed other EM peers, says Badrish Kulhalli.

They will be looking at rate hikes on a meeting by meeting basis and they will calibrate their actions, depending upon the incoming data.

Trade deficit will be quite low, CAD may turn into a positive and we will have a healthy balance of payments position for the last quarter,...

"The long end definitely makes sense. But the key point is that the short end is not as volatile now as it was, say, about six months ago. "

'If rupee has to appreciate further from here on, inflation will have to ease off or else RBI may try to limit the amount at which the rupe...

'RBI would obviously be a little more cautious in terms of letting the rupee drift too far away from its fair level, which is driven more b...

"The finance minister has rightly said that only after an improvement in CAD, can the government consider easing restrictions on gold impor...

'We are in the election season and some populist steps are to be expected from the government,' says Badrish Kulhalli.

"Fundamental factors like global dollar strength or weakness can drive the currency movement. It may not necessarily be driven by India-spe...