๐ Why is the Indian Rupee losing value? ๐
๐ต Dollar Outflow ๐ฐ
โช๏ธForeign institutional investors have pulled out more money than they have invested in the last 9 years!
โช๏ธAs more investors sell off rupee-based investments for dollar-based ones, the rupee keeps declining vs the US dollar ๐ฅฒ
๐ธ Import Costs ๐ธ
โช๏ธRising crude oil and raw materials prices have directly impacted the cost of imports ๐
โช๏ธSince most of the import payments are made in dollars - itโs directly impacting the production costs, causing more inflation ๐ฐ
๐ Safe Haven ๐
โช๏ธAs global inflation rises, investors have started redirecting their investments to safe havens like the US, further strengthening the dollar ๐บ๐ธ
โก The Impact! โก
โช๏ธA lower rupee against the dollar keeps the import bills high, pushing inflation even higher, which is detrimental to the overall market ๐
โช๏ธWhat measures do you think should be taken to revive the falling Rupee? Tell us in the comments ๐
๐ต Dollar Outflow ๐ฐ
โช๏ธForeign institutional investors have pulled out more money than they have invested in the last 9 years!
โช๏ธAs more investors sell off rupee-based investments for dollar-based ones, the rupee keeps declining vs the US dollar ๐ฅฒ
๐ธ Import Costs ๐ธ
โช๏ธRising crude oil and raw materials prices have directly impacted the cost of imports ๐
โช๏ธSince most of the import payments are made in dollars - itโs directly impacting the production costs, causing more inflation ๐ฐ
๐ Safe Haven ๐
โช๏ธAs global inflation rises, investors have started redirecting their investments to safe havens like the US, further strengthening the dollar ๐บ๐ธ
โก The Impact! โก
โช๏ธA lower rupee against the dollar keeps the import bills high, pushing inflation even higher, which is detrimental to the overall market ๐
โช๏ธWhat measures do you think should be taken to revive the falling Rupee? Tell us in the comments ๐
Short term Sell mindacorp 228
Target 216 / 206 /199 SL 236 hold with SL for short term
Target 216 / 206 /199 SL 236 hold with SL for short term
MJ_TRADING
Maxhealth Sell from our level
Still not active our level not come wait for the level
MJ_TRADING
Short term Sell mindacorp 228 Target 216 / 206 /199 SL 236 hold with SL for short term
Call active hold with sl
Sarda energy intraday buying seen above 918
ABCAPITAL Intraday Buying Seen above 97.30
ABCAPITAL Intraday Buying Seen above 97.30