Sunday, 12 April 2015

Indian rupee against the dollar will strengthen, expected to break 62 levels



Last week, the Indian rupee's move extremely limited. 18 Indian rupee has strengthened money throughout the week. Exporters demand from banks and decreases the effect of the US dollar is at Rs. The rise in the dollar, the Indian rupee is sluggish. The last day of the week and the rupee has weakened against the dollar today rupee closed at 62.31 7 weakens and money. Forex experts believe that better advantage of IIP data and stock market rally will be Rs. The rupee is under 62 next week.

Forex Expert says that the Indian market is growing faster than the FII investment in India. The Indian currency is getting stronger. Exporters and banks with dollar dema

nd is decreasing. IIP because of good data next week is expected to continue strengthening of the rupee.

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