Rupee to Rip Higher, Redux
"I am to provide the public with beneficial shocks." --Alfred Hitchcock
Back in June, I argued that, as global risk sentiment improved, India's rupee might stage a meaningful trend higher amid the "risk-on" period I had believed was likely. Given the severity of weakness leading up to June, I ended the writing by stating that it "seems entirely possible that the rupee could undergo a strong mean reversion moment, and rally back to the year's highs."...277 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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