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Vol - 1 / Issue - 6 / Dec. 2008 |
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Dear Customer,
Welcome to yet another edition of Trade Guru, our monthly e-newsletter to keep you updated with timely and accurate trade intelligence.Today, SMEs with global aspirations have been foraying into the domain of domestic & international trade. This is being rightly viewed as a factor that would spur economic growth.
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Indian Rupee -- Overall Dollar Cues to Give Direction
The same old story was witnessed in Rupee movements over the last month. Volatility continues to rule the roost, albeit in a more modest manner. In the absence of any direction from the flows angle, Rupee movements have become increasingly dependent on cues from overseas Dollar movements.
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Dollar Decouples from Risky Assets
It has become a habit to consider risk aversion as the overriding determinant of moves characterizing the global financial landscape. This continued to be case in the month gone by. Yen trotted the sub-90 levels and dollar was strong for most part of the month.
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Trade Roaming Current Account
Tailor Made Current Account for Exporters & Importers with many features embedded to cater multifaceted requirement of the Exim Relationships.To know more sms 'TRCA' at 5676766.
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