The Indian rupee will be weak for a while

Jim Rogers : I know it has. I had noticed that. What has really happened is there is a flight into the US dollar, people would panic. Now the US dollar is not a safe haven. I assure you US dollar has got terrible problems and it is a very flawed currency, but in the panic, people are rushing into dollars because they do not know what else to do and that is going to continue to make the rupee and other currencies weak at least for a while.Now there should be a rally in the rupee soon, but as long as people are terrified, they are going to run into places like Swiss frank or the yen or the US dollar. So be prepared for weak rupee for a while.- in ET Now