Aug 17 2017

Rupee logs best week in 3 months amid inflows

 Weekly Synopsis   Date:- 04th November 2017   Markets from 30th October 2017 to 03rd November 2017:-   Indian Rupee:-   Indian rupee posted its best weekly rise in three months against the dollar, as foreign investors piled into equities and bonds. Speculation over the next U.S. Federal Reserve chief had also kept the greenback

Aug 11 2017

What-is-the-Liberalised-Remittance-Scheme-(LRS)-of-USD-2,50,000

Ans. Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both. Further, resident individuals can avail of foreign exchange facility for the purposes mentioned in Para 1

Aug 04 2017

EURUSD Ideas will the steep surge continue

Author:-Mr. Ritesh Victor Posted Date:-04-Aug-2017 Euro’s rally in the last 7 months has been nothing less than spectacular – soaring 13% since the start of this year. Quite surprising for a currency that was widely talked about reaching parity to the US dollar around the latter part of 2016. Well, euro parity to US dollar

Aug 03 2017

EURUSD Ideas – Will the steep surge continue

Euros rally in the last 7 months has been nothing less than spectacular – soaring 13% since the start of this year. Quite surprising for a currency that was widely talked about reaching parity to the US dollar around the latter part of 2016. Well, euro parity to US dollar was largely speculative and a