INR continue to perform well in medium term: Vivek Rajpal


Oct 17, 2017 08:31 AM IST | Source: CNBC-TV18

If fiscal deficit largely remains under control, then INR should continue to perform well in the medium term, says Vivek Rajpal of Nomura.

Vivek Rajpal of Nomura said, “The environment is constructive on INR. Exports pick-up provides some cheer/relief to the economy at large.”

“Fiscal deficit is a concern from medium-term perspective. But, if fiscal deficit largely remains under control, then INR should continue to perform well in the medium term,” he added.