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Amidst weakening euro and rupee against mighty dollar, heres what lead analyst Ramkumar Venkatramani has to say! Amidst weakening euro and rupee against mighty dollar, heres what lead analyst Ramkumar Venkatramani has to say!

Amidst weakening euro and rupee against mighty dollar, heres what lead analyst Ramkumar Venkatramani has to say!

With the euro weakening and clouds of uncertainties in Europe due to the Russian situation, one should remain cautious about Euro-denominated assets. 

Rohit Kale 0 983 Article rating: 5.0

Currencies have garnered investors’ attention lately, as the dollar continues to appreciate against the weakening rupee and euro.

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Highlights of RBI MPC outcome: Stock market did not bulge despite 50 bps rate hike Highlights of RBI MPC outcome: Stock market did not bulge despite 50 bps rate hike

Highlights of RBI MPC outcome: Stock market did not bulge despite 50 bps rate hike

RBI Governor said that the depreciation has happened in an orderly manner. It was largely due to the strengthening of the US dollar but the rupee has flared well against its peer Asian currencies.

Rohit Kale 0 466 Article rating: 5.0

RBI Governor stated that despite a fall in crude oil prices and commodity prices, inflation is at an uncomfortably high level. However, the domestic activity has been resilient while PMI in July is at an eight-month high. For the next financial year, RBI retains its CPI forecast at 6.7 per cent.

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