Currency Strategy as on 8th November, 2013

In recent times, we have seen a good recovery in INR (Indian Rupee) versus USD (US Dollar).

In next few days, we expect low appreciation in INR. The idea is that INR will depreciate against USD and possible Target is 64.20 & 65.50 in USDINR trade.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s