ETMarkets Smart Talk: This fund manager of Coffee Can PMS says Fed rate hikes could see Re slip to 82/USD

“The Indian rupee (INR) actually stands out when we compare the performance of all the other major currencies in the world against the US$. There is some pressure on the INR, which may slip further to potentially 82 levels also if the US Fed continues to hike the rate. However, this will not be a major worry for us at this point as the rest of it is well in control.”