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The Indian Rupee now approaching a new 52 week high Good for importers but could squeeze margins of exporters
Hopes are fading for a turnaround in the fortunes of the Indian rupee — Asia’s worst-performing currency of 2020
The reason behind USD-INR holding up despite record FII flows India Forex reserves up by $4.5 bln to $585.3 bln as on Jan 1, 2021
Mercedes Benz India in a statement said,' the weakening of the Indian rupee compared to the euro since the past six to seven months, combined with an increase in input costs, have been exerting significant pressure on the overall costs'
Interest, Inflation and Interventions weakened Indian rupee in 2020 #USdollar #Economy #Inflation #Rupee
USD INR is trading near the September low of 72.75.📉
The Indian rupee was pummelled in the first few months of the year, with the pressure increasing manifold post-covid outbreak. The exchange rate depreciated over 6% in the first four months of 2020. Its Asian peers did slightly better. #MintPrimer @aparnaviyer02
Indian Rupee ended at 73.64 on Friday, up 2 paise against its previous close of 73.66. - @GeojitFinancial #CurrencyTips #GeojitFinancialServices #investmentguruindia
Indian rupee could open with losses on remark from Finance Minister related to budget deficit - @hdfcsec #HDFCSecurities #CurrencyTips #investmentguruindia
Even as the Japanese yen is appreciating against the Indian rupee, the breakout could brutally hurt Indian companies that have taken loans from the Japanese bank. Please note It's very big amount.