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Strong Rupee-Any impact ?

  
Analysis, Education, Forex
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https://www.anirudhsethireport.com/inr-looking-strong-against-usd-jpy-gbp/

https://www.anirudhsethireport.com/what-i-forecasted-for-usd-inr-dont-miss-to-read/

 

Dear Traders /Readers ,Just click above links and u will see from what level Iam Bullish in Indian Rupee.

While looking at chart of INR against GBP ,EURO ,USD and JPY -Just thought came in my mind and thinking what will be the impact on Indian Software Companies or any negative impact on results for this quarter ?

-Indian Rupee had appreciated by 9% since Dec’09 against British Pound

-Indian Rupee had appreciated by 9% against Euro

-Indian Rupee had appreciated by 3% against USD since Dec’09

-US Dollar is strong against all world currencies except India

-I Don’t understand when  USD ,GBP ,EURO  were strong against INR…Then results of Indian Software companies were mind blowing and stocks were zooming up up up.

-Now since INR is so strong against all 3 currencies then also no impact on stock price and nobody talking and writing ??

-Apart from Software Companies ,What will be the impact on the companies those exporting in Europe ,UK ,USA ?

Just think it over and if possible comment

Updated at 12:49/28th March/Baroda

India's new currency symbol

  
Analysis, Education, Forex
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The new symbol of the Indian rupee is seen in this handout photograph after it was approved by India’s cabinet July 15. India’s cabinet on Thursday approved the adoption of the new symbol after holding a competition that drew more than 3,000 entries, which were evaluated by a deputy governor of the central bank as well as artists and designers.

 

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