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Rupee can depreciate further, can touch 73.09 in 1-2 months: Bhaskar Panda, HDFC Bank


Mitron

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The rupee has been a victim of circumstances both domestic as well as international. The emerging market currencies, including China’s Yuan have been depreciating, says Bhaskar Panda, Senior Vice President, Treasury Advisory Group, HDFC Bank. Excerpts from an interview with ETNOW.

The rupee today slipped to 72 mark against the US dollar. This has happened for the first time in 2019. There was a massive selloff that attributed to the weakness in the rupee. There is weakness in Chinese Yuan as well as that fell to a fresh 11-year low. How are you reading into the money market going ahead?

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19 minutes ago, Mitron said:

The rupee has been a victim of circumstances both domestic as well as international. The emerging market currencies, including China’s Yuan have been depreciating, says Bhaskar Panda, Senior Vice President, Treasury Advisory Group, HDFC Bank. Excerpts from an interview with ETNOW.

The rupee today slipped to 72 mark against the US dollar. This has happened for the first time in 2019. There was a massive selloff that attributed to the weakness in the rupee. There is weakness in Chinese Yuan as well as that fell to a fresh 11-year low. How are you reading into the money market going ahead?

Need $75 bro or $80

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Oil prices taggutunnayi  but gold prices perugutunnayi .. tatha malli tarrifs penchadu .. Nirmala Seetharaman announced some relief to investors .. chuddam emi avutundo 

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Just now, AndhraneedSCS said:

Oil prices taggutunnayi  but gold prices perugutunnayi .. tatha malli tarrifs penchadu .. Nirmala Seetharaman announced some relief to investors .. chuddam emi avutundo 

🥇😍

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2 hours ago, Mitron said:

The rupee has been a victim of circumstances both domestic as well as international. The emerging market currencies, including China’s Yuan have been depreciating, says Bhaskar Panda, Senior Vice President, Treasury Advisory Group, HDFC Bank. Excerpts from an interview with ETNOW.

The rupee today slipped to 72 mark against the US dollar. This has happened for the first time in 2019. There was a massive selloff that attributed to the weakness in the rupee. There is weakness in Chinese Yuan as well as that fell to a fresh 11-year low. How are you reading into the money market going ahead?

Thank god I can send money to India 

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2 hours ago, AndhraneedSCS said:

Oil prices taggutunnayi  but gold prices perugutunnayi .. tatha malli tarrifs penchadu .. Nirmala Seetharaman announced some relief to investors .. chuddam emi avutundo 

India lo koncham Gold pichi thaggithe it will help economy by reducing gold imports. 

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7 hours ago, Mitron said:

The rupee has been a victim of circumstances both domestic as well as international. The emerging market currencies, including China’s Yuan have been depreciating, says Bhaskar Panda, Senior Vice President, Treasury Advisory Group, HDFC Bank. Excerpts from an interview with ETNOW.

The rupee today slipped to 72 mark against the US dollar. This has happened for the first time in 2019. There was a massive selloff that attributed to the weakness in the rupee. There is weakness in Chinese Yuan as well as that fell to a fresh 11-year low. How are you reading into the money market going ahead?

Achhe din #namo

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10 hours ago, snoww said:

India lo koncham Gold pichi thaggithe it will help economy by reducing gold imports. 

Gold is the only thing common people buy and it wont depreciate. 

 

Ladies can wear it and its still an appreciating asset.

 

 

 

 

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