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 ..........................................
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 ..........................................
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