Sunday, 30 June 2013

Rupee stumbled, regaining strength:

It looked like a few days back that the setback rupee has suffered in the market as against dollar is hardly recoverable. Now there appears to be some ray of hope in view of the favourable trend of the share market globally and rupee which was taken as doomed is now in a position to raise its head. Hopefully, if the slight jump that the market appears in a mood to take succeeds, the good days for rupee are ahead, and it is likely to give a boost up to the investors and also on the front of import export balance. Necessary note of precaution is, however, still a must for the investors in equities particularly, and also in the context of cash and commodities transactions.

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