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