Thursday, March 16, 2017

The first quarter has been a good one for the rupee with the Union Budget receiving a warm welcome





FX Flash
by Saktiandi Supaat


FX Research





The first quarter has been a good one for the rupee with the Union Budget receiving a warm welcome by market investors and the latest landslide win by Modi’s BJP party resulted in a precipitous slide in the USIDINR. With a 3.5%ytd gain against the USD, we question, how much more will the rupee rally?

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