The RBI rates for the dollar are nearing the 54 mark, with a record 53.577 touch today. It supposedly traded at 53.80 also in the spot market, and is at 53.81 in the USDINR futures market.
This is gonna hurt real bad.
Dollar At An All Time High of 53.58
Like our content? Join Capitalmind Premium.
- Equity, fixed income, macro and personal finance research
- Model equity and fixed-income portfolios
- Exclusive apps, tutorials, and member community
Subscribe Now
Or start with a free-trial
Already a subscriber?
Login Now
Related Posts
Looking for the best PMS for your investments? Find Capitalmind PMS Strategies and Performance here
As a high-net-worth investor in India, you have a wide range of options when it comes to choosing a portfolio management service (PMS) to invest your money. ...
The impact of Return on Capital on Shareholder Returns
Return on Capital (ROC) is considered a critical part of the puzzle of finding quality businesses to invest for the long term. We did a longitudinal analysis ...
Quick Look: Markets in April 2023
Markets in April 2023 April was a good month for stocks across the board. Nifty was up 4% and as a result is almost even for YTD 2023 Midcaps and Smallcaps did ...