The US Dollar/Indian rupee (USD/INR) traded in a narrow range in the week gone by and closed almost flat on a week-on-week basis. The structure suggests that the current phase of consolidation is ...
If mangoes become dearer or appreciate in price, we don’t ask if the INR has appreciated or depreciated. We talk in terms of the value of mangoes, not INR. Likewise, in the forex market, we should now ...
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