Indian Rupee May Reach 53 by Year End

Play

June 26 (Bloomberg) -- Vishnu Varathan, an economist at Mizuho Corporate Bank Ltd. in Singapore, talks about India's economy and the outlook for the local currency. Varathan also discusses Indian Finance Minister Pranab Mukherjee’s plan to resign after the ruling Congress party made him its nominee for the post of president, and its implications for the economy. Varathan speaks with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)