FW: View of the US Dollar

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Kuppam, Sudheer K

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Mar 30, 2015, 6:16:50 AM3/30/15

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FYI…if you plan to do any INR txns…

Sudheer

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From: Radhika PARKHE [mailto:radhik...@dbs.com]
Sent: Monday, March 30, 2015 2:22 PM
To: Kuppam, Sudheer K
Subject: View of the US Dollar

Dear Sir

The consensus trend is that there might be a further strengthening of USD Vs Most Currencies (Incl : INR) factoring key events in the US like Elections Build up, Fed Announcements on Rate Hike, etc.

I am attaching the DBS Bank Report which indicates forecast views on USD-INR Movement on Page 27.

It indicates that USD vs. INR is expected to trade around the 66-67 levels for Q1 FY16 (Jan-Mar) and close to 66 Levels for Q4 2015.

Further long term indications suggests that USD is expected to sustain its uptrend over the next couple of years on divergent monetary policies.

Thus, if you are planning to bring in more monies to India, the ideal time frame would be July-Sep.

Below are a few charts and graphs forecasting the USD Movement :

Thanks and regards,

Radhika Parkhe I Treasures Banking I DBS Bank Ltd

No.3, Salarpuria Windsor, Ulsoor Road, Bangalore- 560042

Mobile: +91-9663393000

E Mail: radhik...@dbs.com | www.dbs.com

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