Monday, 19 August 2013

Currency Articles General INR at Rs 63.13 – Fear can make you Money

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19th August 2013
 
Currency Articles General
 

Hi Promofree

INR at Rs 63.13 – Fear can make you Money

The Indian Rupee (INR) fall is exclusively due to domestic factors. RBI actions of tightening liquidity has taken up bond yields sharply higher with yields at the short end of the government bond yield curve rising by 400bps while long end yields are up by over 150bps.

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Arjun Parthasarathy

Website:www.investorsareidiots.com
Email:arjun@investorsareidiots.com
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Information herein is believed to be reliable but the editor of Investors are Idiots.com Arjun Parthasarathy does not warrant its completeness or accuracy. Opinions and estimates are subject to change without notice. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The financial markets are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. Unauthorized copying, distribution or sale of this publication is strictly prohibited. The author of the articles may have investments in instruments that are the subject of the articles.

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