Rupee to be volatile, current account deficit to be above 2% in FY18: Teresa John, Nirmal Bang

Talking to ET Now, Teresa John , Economist, Nirmal Bang , says the rally in the rupee in the first half of FY18 was largely on the back of foreign portfolio flows into the debt market and now we are seeing that taper off as well. Edited excerpts: The rupee has weakened yet again.

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