Tuesday, July 3, 2012

Currency Tips ~ Indian Rupee Outlook

Indian Rupee may appreciate to 50 against US dollar by March 2013: CRISIL

Indian rupee is expected to appreciate to Rs 50 a dollar by March-end 2013, from the current levels (Rs 56.3 per dollar as on June 29, 2012). The current episode of rupee depreciation is characterized by higher impact of India’s rising vulnerability and relatively lower impact of external shock. 

RUPEE CURRENT UPDATES :- The rupee gained by 25 paise to 55.18 against dollar in early trade on Tuesday at the Interbank Foreign Exchange.


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If it occurs then Indian economy will improve much more and the various hikes prices in different things will fall down.

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