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Is Rupee on it’s way towards 73 per dollar?
- August 26, 2020
- Posted by: Amit Pabari
- Category: Currency
No CommentsThe nature of rupee suggests, the longer the pair trades range-bound, the sharper and stronger is the breakout.
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How long will RBI keep buying dollar and prevent rupee from appreciation?
- August 18, 2020
- Posted by: Amit Pabari
- Category: Currency
RBI has accumulated nearly $62.63 billion of Forex reserves so far since March 2020. The central bank not just bought dollars but also played a great role in controlling the volatility in the pair.
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Is the current dollar rally sustainable?
- August 12, 2020
- Posted by: Amit Pabari
- Category: Currency
The dollar is trying to be resilient and showcased some strength following Friday’s better-than-expected employment report.
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Will seasonality play out for rupee in August?
- August 4, 2020
- Posted by: Amit Pabari
- Category: Currency
August has been a resolutely weak month for the rupee and the pair has depreciated 10 times in 11 years.