Yesterday we have posted USDINR upper levels are expanding....today INR depreciated nicely...
Nothing surprise for us atleast...because price action says it will depreciate......
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From today...you please watch all financial channels....you will enjoy the comedy...all comedians will give multiple reasons for Rupee Deprciation......some samples...
1. Because of Oil price is going up
2. FII selling
3. Deflation impact
4. More outflow moving from India to Russia / China ....
For nice timepass...always you should watch Financial Comedy Channels...atleast 30 minutes everyday...
Acche Din Mare Gye...
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