Sat, Jul 26, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Is this currency about to follow the rupee’s crash course?

Posted on 15 August 2013

The spectacular fall in the rupee has been grabbing market attention in recent months, but the focus could soon shift to the Indonesian rupiah, which Credit Agricole warns could suffer the same fate as the embattled Indian currency.
Dariusz Kowalczyk, senior Asia ex-Japan strategist at Credit Agricole, said Indonesia’s slowing growth and rising inflation, which exceeds India’s, as well as an increasing current account deficit and low foreign exchange reserves, are starting to resemble the problems faced by India’s economy………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36130 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031