Rating agency Crisil has said that the rupee is likely to climb back to around 56 to the dollar by the end of the fiscal, on the back of spurt in capital inflows and improvement on the current account deficit front.Crisil in its report said that it expects the rupee to appreciate from the current lows to about 56 by March-end as capital inflows resume and current account deficit softens this fiscal.The agency said the current capital flight from the country is a short-term phenomenon, largely an impact of possible tapering of economic stimulus by the US.It also noted that the government is pledging a slew of policy reforms to shore up investor sentiment, which would attract capital inflows. Crisil, however, noted that despite the expected appreciation, the rupee is likely to remain volatile and end the financial year on a weaker note than earlier expected. The report also said that speedy return to high growth on a sustained basis will be a critical pull factor. If this happens rupee can regain its long term appreciation bias.