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Posted

Some analysts say that the rupee could test all-time lows if risk-off sentiment exacerbates further. "There is extreme panic and risk aversion at this point in global markets. If coronavirus-induced disruptions exacerbate, we may see a follow-up move in USD-INR to new all-time highs," says Abhishek Goenka. founder and CEO of IFA Global.

Posted
13 minutes ago, r2d2 said:

Some analysts say that the rupee could test all-time lows if risk-off sentiment exacerbates further. "There is extreme panic and risk aversion at this point in global markets. If coronavirus-induced disruptions exacerbate, we may see a follow-up move in USD-INR to new all-time highs," says Abhishek Goenka. founder and CEO of IFA Global.

I am waiting

Posted
15 minutes ago, r2d2 said:

Some analysts say that the rupee could test all-time lows if risk-off sentiment exacerbates further. "There is extreme panic and risk aversion at this point in global markets. If coronavirus-induced disruptions exacerbate, we may see a follow-up move in USD-INR to new all-time highs," says Abhishek Goenka. founder and CEO of IFA Global.

elaborate please?

When India is much less effected than US, why is our currency falling anedi artham kavatla.

  • Upvote 1
Posted

Corona virus panic valla foreign investors are pulling out from market assets and going for safer investments like bonds and gold. When there is no inflow automatically plunge aitadi. Plus global ga investors are freezing dollar liquidity...that is another reason

Posted
7 minutes ago, Ellen said:

Corona virus panic valla foreign investors are pulling out from market assets and going for safer investments like bonds and gold. When there is no inflow automatically plunge aitadi. Plus global ga investors are freezing dollar liquidity...that is another reason

Yes Bank, Delhi riots also effected confidence of investors.. ani cheptunnaru analysts.

Posted
Just now, karthik25 said:

Yes Bank, Delhi riots also effected confidence of investors.. ani cheptunnaru analysts.

minor. global level lo pulling off a reason. outflow ekva aindi. liquidity freezed ...idi penchadanki rbi made an agreement...dont know if it will have any impact

Posted
Just now, Anta Assamey said:

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Expected🤣 emana automatic reply bot integrate chesara website ki?

Posted

manaki enduku vayya reason lu...dollar enta strong aite manaki anta manchidi...desam ela saste manakenduku...toseyyandi INR ki unnadanta

Posted
1 hour ago, karthik25 said:

Why is INR falling compared to USD recently?

 

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