India has a structural current account deficit and so the currency is more likely to weaken

Marc Faber: Basically countries with large trade and current account deficits tend to have a weakening currency. On that score, India has a structural current account deficit and so the currency is more likely to weaken in future than to strengthen.
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

FOMC will taper 5 to 20 Billion Dollars

Regarding the September 17-18 meeting of the Federal Open Market Committee on QE tapering, "I think maybe they will taper 5 or 10 or 20 billion dollars off the current $85-billion monthly purchase of assets, and they would say they will reassess the situation depending on economic and market conditions.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.