check currency now

Rupee is touches low every day from past 10days .Now it is 56.00 againist one $,

Why globally huge demand for $ ? what is happening to the rupee further ?

Why RBI is Spactater ?

Reasons  for deprciating rupee ......

As per the data (recorded) indian current A/c deficit is $2.6 Billion.

Globaly Huge demand for crude , import demand is incresed for oil companies  in india,  there is mismatch of time & supply . 

Inflation & GDP  figures are the main route cause for Volatile of currency.

What are the steps to be taken immedietly to check currency now.

Allow FII`s to invest in `G `sec with  a fixed return per annum, it  increases the demand for Rupee globally,

To mandate that Export companies sit with at least 50 %  liquidity of their orderbooks ( current quarter) to create more demand for rupee. 

Further to the above  increase  deposit  interest rates for NRI savings A/c.

Steps to be taken to minimise the usage of Gold in india .

Wait & Watch Startegy  will  lead  $ more up.

Be Cautious ..........................................

currency derivative strategies in india

With the introduction currency derivatives trading platform from Aug 2008 in india, so many new lessons & many articals published so far by all means of media, But we have to give our attention towords Why & what
What is the reason that our currency is depresiating from recent past?
Why indian economist are just simply watching the currency drama?
Who will get benifit out of this?
What are the prob & constaints related to currency trading in india?
I will post all related answers in next section
Thankyou

Disclaimer

Disclaimer
I am not an Investment advisor and do not provide this service via this Blog. The Blog is a personal diary and the stocks discussed on the blog represent my personal views and analysis. They are not recommendations to buy or sell stocks. I do not intend to recommend any stocks for financial or non-financial gains and may or may not be holding the stocks discussed on my blog.In a nutshell - i am not responsible for the losses or gains made based on the information published on this Blog.