Thursday 24 October 2013

Friday Podcast 25th October 2013 Why is the Euro Strengthening and what does it mean for the INR

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 25th October 2013
 
Friday Podcast
25th October 2013
 

Hi Promofree

Why is the Euro Strengthening and what does it mean for the INR?

The INR that had weakened to record lows against the USD in August 2013 should gain comfort from the strong Euro as it signifies rising risk appetite in the market. The Fed is still months away from tapering bond purchases given the US debt ceiling issues and that should lend further strength to the Euro. INR will benefit from this Euro strength and should see better days ahead.

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Arjun Parthasarathy

Website:www.investorsareidiots.com
Email:arjun@investorsareidiots.com
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