MUMBAI: Professional forecasters see the rupee to remain weak and close this fiscal a shade below 60 versus dollar even as Reserve Bank has unveiled unconventional measures to support the battered currency.
According to a survey of professional forecasters, who are a bunch of economists not from central bank, the rupee will end the fiscal at 59.5 level against the dollar by March 2014.
They even see the currency trading at the same level even till the first quarter of FY15.
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