But the dollar rate rose to 46.78 in the spot market.... implying that even though markets rose, FII's were selling! American markets fell more... overnight. Let use see whether our markets hold their fort today! Regards, RightMan
i don't think the dollar go up.There is hard to predict but i heard from forex experts it will go up for a while by this December and fall down again.
Stock markets fell today but the dollar rate also fell a bit. The quote in the spot market as of now is 46.635. The co-relation has turned a bit weird! Regards, RightMan
better you should withdraw it now, bcoz dollar rates has to decrease day by day,., depending on world economy. so better late then never.
The dollar rate quoted last at 46.80 in the spot market and I expect some more rise... on Monday, especially after the repo rate hike by RBI yesterday evening! Regards, RightMan
Money markets are such a fluid index that any foretelling is merely speculation. But speculation is what makes the world go round. So move today and then move again tomorrow if it doesn't suit.
Rate hike or no rate hike... the Indian stock markets seem to chug along on the up but surprisingly, the dollar rate is stuck at 46.80! If the markets continue their run tomorrow too... expect some weakness in dollar rate for sure! Regards, RightMan
The American markets have blasted on the up overnight and so expect Indian markets to open very strong. Let use see how much weakness this will bring in the dollar rate! I expect at least 46.50 in the spot market! Regards, RightMan
Ok that means we need to withdraw before today evening else we'll get little bit less exchange rate. DON.
The stock market did not gallop ahead as expected and the dollar rate is tepid in its movement as well.... dropping just to 46.85 in the spot market! Regards, RightMan
The dollar rate has been steady in this range since a long while now... and it appears it has found an equilibrium price for the time being. Such steady rate is very good for every business and makes good for effective planning for both importers as well as exporters! Regards, RightMan
I expect stock markets to take a breather and give a good correction for a few days. It remains to be seen if the dollar rate, which did not fall for all these days, now chooses to give an equivalent rise! Regards, RightMan