Rupee may touch 70/$ mark
If analysts are to be believed, the Indian rupee could soon touch the Rs.70 per $ mark.
UBS, Barclays, Morgan Stanley, etc. expect the rupee to touch the 70/$ mark by as early as Mar'16.
Kotak Mahindra Bank has predicted rupee weakening to Rs.70-72/$ in fiscal 2016-17 mainly because of Yuan devaluation.
Rupee is already trading quite close to all time low of 68.85/$.