Rupee Yield Warms Union Bancaire to EBRD Offshore

Prashanth Vishwanathan/Bloomberg

“We believe that the outlook for the rupee is improving,” analysts at Credit Agricole, including Hong Kong-based Mitul Kotecha, wrote in a Feb. 20 research report. “The rupee is among the top performers over the next few months in our three-and 12-month carry-adjusted grid.”