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 Indians in US Market
 
 2/8/2007 6:15:40 AM
User is offlineissac
4 posts


Indians in US Market
In present time Indians are playing a significant role in forex market. Will Indians like to invest in US Economy? What is your views?
 2/8/2007 7:15:13 AM
User is offlinebrendon
4 posts


Re: Indians in US Market
They should. The INR began January at 44.24/25 per Dollar, slightly lower than the year-end close of 44.23/44.24. It touched 44.35/36 per Dollar on Jan. 3 as better liquidity in the banking system allowed the banks to cover their Dollar setup. The Rupee gained to end the week at 44.26/44.27, after falling to an intra-day low of 44.35. The minds at India would always be looking for a profitable exit.
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