Dollar vs Rupee Investment
Rohan Khanduja
Apologize to disturb you at this hour. I thought this news will be helpful for all of you so dropped this msg keeping in mind that you can save your precious earnings.
Dollar will fall against rupee from tomorrow for a few days as govt took a measure sometime back. It gonna sell securities worth Rs 18000 crores and increased marginal rates.
This news has come a few minutes back. Again the dip cannot be predicted because of market conditions in days to come.
In case these terms above are Greek and Latin for you, I can give it a try and put it across to you.
Dollar will fall this week a good NUMBER this week as govt is selling Securities worth Rs 12000 crores by 18th of July 2013.
Bank Rate has increased which will pull off all the liquidity from market since govt will pull off the money so it will cause the dollar demand to reduce in days to come.
Right now the key reason for dollar everyday going up is the demand common man and corporates are pulling a huge number.
Exchange a good amount in this week and keep a close watch.
Tomorrow's market will open and cause a huge profits at opening because of this announcement.
Before Europe Markets open try to make a good deal.
Above information is keeping all positives and subject to change with how Asian markets open.
Let me know if I can be of any use.
Invest wisely.