Experts speak on rupee hitting 7-yr high

S anjeev Sanyal, Regional Economist of Deutsche Bank Asia says that whole rupee appreciation is being driven by the liquidity squeeze that is happening right now and calls it a year-end phenomenon.

Akhil Jindal, President of Welspun India says that there is no point in keeping any currency open at any juncture but at the end of the day the currencies across the globe are appreciating against rupee.