Forecast: India's Rupee will appreciate by 10% on the interest-rate cut

Note: This section contains information in English only.
Source: Bloomberg
The Indian Rupee will appreciate more than 10% in 2013, as the top forecasts from from investment banks say. That would be the biggest gain in last six years. As analysts say, the RBI, the central bank of India, will reduce its interest rate by 25 basis points to 7.75 and lower the highest borrowing cost among the biggest Asian economies. That would increase the inflow to equities and bonds, also pushing the currency higher.
Back to articles

Actual Topics

Tue, 08 Jan 2013 08:48:26 GMT

Canada Dollar rises on a business gauge increase

The Canadian Dollar, also known as Loonie, increased by 0.1% versus the U.S. Dollar to 98.59 cents in the end of Toronto trading session on Monday. The Loonie increases for the second day against the U.S. counterpart, as a gauge of business activity exceeded estimations in December, signalling faster economic growth. The actual number was 52.8, following 47.5 in November,

Tue, 08 Jan 2013 12:31:11 GMT

Coffee rallies on funds' rebalancing

Rural commodities were bullish on Monday amid worries over US crops and broadly softer US Dollar. Moreover, an expected increase in index funds holdings of the 2012 top laggards spurred rally of softs. Meanwhile, the investors' focus remained on this Friday's USDA report on global supply and demand estimates.Wheat climbed on speculation that unfavorable weather conditions are weighting on US

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.