'Re better suited to stand $ strength'

HSBC picks the rupee as one of two Asian currencies along with the yuan that can hold their own in a climate of sticky yen weakness, a more moderate pace of Chinese expansion, and increasing debate over Fed's quantitative easing. Potential lower import prices will also give more monetary policy room to support growth, while the recent sharp drop in Wholesale Price Index may open the door for another Reserve Bank of India easing in the future, helping portfolio inflows into stock markets.