Forum Index

 
 Cashforums 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Forex Tips: Indian Currency May Depreciate Further in Coming

 
Post new topic   Reply to topic     Forum Index -> Social Media and Social Networking
View previous topic :: View next topic  
Author Message
ufxmarket
Commander


Joined: 20 Sep 2013
Posts: 63

PostPosted: Fri Oct 18, 2013 2:02 pm    Post subject: Forex Tips: Indian Currency May Depreciate Further in Coming Reply with quote

The third largest economy in Asia is currently on a breakable footing and the slump in its currency is already nearing a lifetime low. The weakness in the Indian rupee is expected to turn into a major issue, relating how crucial it is in determining the inflation, account arrears and macroeconomic stability, this can obstruct the recovery in India.
The rupee appears to have a place among the worst hit currencies in the current times, which have plummeted about 8 percent against the USD since last month and is currently near the 59 mark. Meanwhile, currencies in Indonesia and Thailand have plunged by just 2 percent and 5 percent respectively, during this span.

regards
abul
Online currency trading in india
http://www.ufxmarkets.com/in/currency%20trading
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic     Forum Index -> Social Media and Social Networking All times are GMT
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum


Powered by phpBB © 2001, 2005 phpBB Group

Hosted by ForumCity