Rupee may hit 74.5 in medium term; USD-INR volatility jumps, Dollar index repeats 2018 performance
The US dollar, being a fiduciary currency, has its own significance across the globe. The higher liquidity of the US dollar is supportive for the equity, whereas shortage creates havoc in the market. As we know that intermarket analysis plays a vital role, the formulas between two currencies are not only dependent on two country’s economic performance but also on other countries too. The easy liquidity in the market supported by ultra-loose monetary policy by major central banks post pandemic...
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