Figuring Out • 6m
That's a good news, but as you can observe in the image, it's because of FIIs exiting the Indian markets which is not a good thing.. FIIs are cashing out in INR, they will buy their local currency (say Dollar), which will make INR weaker. Also there will be other issues too for sure
Founder - Burn Inves... • 10m
Indian companies are reporting good earnings this time, but for the market to see a significant rally, Foreign Institutional Investors (FIIs) need to invest in India. Domestic Institutional Investors (DIIs) or retailers alone cannot achieve this. Ano
See MoreFounder-Hexpertify.c... • 1y
You people suggested that bitcoin will be used as digital currency in the future but how can a cryptocurrency which too volatile can be used instead of currency. Imagine you pay some btc for the food you buy and the next day btc crashes 5 % then the
See MoreExperimenting On lea... • 21d
Ethiopia, a BRICS nation, is in earlystage talks with China to convert $5.38 billion of its US dollar-denominated loans into Chinese yuan. This aims to cut foreign exchange costs, boost local currency use in forex markets, and ease repayments simil
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