The government and RBI should address overvaluation
Rupee trading onshore has been shrinking at the expense of offshore market, with volumes in London topping those in India's financial capital Mumbai
The RBI fixed the reference rate for the dollar at 63.9273 and for the euro at 76.3867
The forex and money markets will remain closed on Monday in observance of Christmas
The currency is expected to depreciate to over Rs 64 by March, said two-thirds of the respondents