Perspective on Rupee by Mr. Gaurang Somaiya, Motilal Oswal Financial Services.
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Below is Perspective on Rupee By Mr. Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services
“Rupee falls to fresh all-time lows as the dollar strengthens across the board. Hawkish Fed outlook, political instability in China and sell-off in pound after the tax cut announcement is also disturbing the overall market sentiment. This week, RBI will release its policy statement and this is likely to influence the rupee that is currently falling sharply against the US dollar.”
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