HSBC says rupee better suited to stand USD strength
Reuters - 12 minutes agoReuters Market Eye - HSBC picks INR as one of two Asian currencies along with the yuan that can hold their own in a climate of sticky JPY weakness, a more moderate pace of Chinese expansion, and increasing debate over Fed's quantitative easing. INR is a main beneficiary of lower commodity prices as it suffers from significant oil and gold trade deficits, says HSBC. ... More »HSBC says rupee better suited to stand USD strength