Barclays Joins Morgan Stanley in Predicting More Pain for Rupee

  • Currency will drop to 71.50 a dollar by year-end, UK bank says
  • Indian rupee is already Asia's worst performer in 2016

Barclays Plc is predicting more losses for India’s rupee, Asia’s worst performer this year, as the dollar strengthens and policy makers try to arrest a slump in exports.

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