Rupee Has No Exchange Rate Target: RBI Governor
Rupee has come down so low, due to wrong Management, which everyone was expecting the target of US$ 1 = Rs. 60 in the year 2015. But it has reached the target at the time of 2013. Where the investors must invest and why?
If you're the currency player from India, you can short[Sell] Indian Rupee and for long term buy United States Dollar[$]. United States Dollar$ will be peaking up. Due to this, Rupee, Euro, British Pound, Commodities, etc will be getting the beating. Indian Rupee will reach US$1 = Rs. 100 in the coming year. The reason for this is that Indian Economy is suffering from Current Account Deficit[CAD]. Due to recession it is suffering from Trade Deficit too, whereas Export is less than incoming imports. Indian Economy must export whatever products it get and increase the Foreign Exchange[Forex]. But our Government is not thinking about that.
Indian Stock market is going to stay around 20,000 points but it will be falling faster. This is due to overburden of deficit in the Indian Economy. Indian companies are over-priced, so their no way it can go up. If you want to invest in Indian companies, you must wait till if fall to 15,000 where sensex will stabilize. After that it will increase to 17000 points and come back to 12000 points. Better is that if you can sell and wait for another 6 months, you can gain more than buying and keeping it. Indian Economy is decelerating and Bull Market continues.
Indian Economy is steamed-up by the inflow of Foreign Direct Investment and Foreign Institutional Investment. For them there's no place safer to invest when the world market was falling due to recession. They invested in Commodities, Indian companies and Chinese market. Dollar too was falling and all others which is related with it was rising. USD$ is linked with all the currencies of the world, commodities, etc. So when USD$ was decreasing, others which is linked with it rises.
Now the table has changed. USD$ is increasing, so what will happen is that Indian Stocks, Chinese Stocks and Commodities will fall to rumbles. So it's better Invest in United Stated Dollars. Apart from that, Invest in land of USA, which will gain more profit in the years to come. On the other hand, if you can't, invest in stocks which is investing in real estates. The future lies there.
If you're the currency player from India, you can short[Sell] Indian Rupee and for long term buy United States Dollar[$]. United States Dollar$ will be peaking up. Due to this, Rupee, Euro, British Pound, Commodities, etc will be getting the beating. Indian Rupee will reach US$1 = Rs. 100 in the coming year. The reason for this is that Indian Economy is suffering from Current Account Deficit[CAD]. Due to recession it is suffering from Trade Deficit too, whereas Export is less than incoming imports. Indian Economy must export whatever products it get and increase the Foreign Exchange[Forex]. But our Government is not thinking about that.
Indian Stock market is going to stay around 20,000 points but it will be falling faster. This is due to overburden of deficit in the Indian Economy. Indian companies are over-priced, so their no way it can go up. If you want to invest in Indian companies, you must wait till if fall to 15,000 where sensex will stabilize. After that it will increase to 17000 points and come back to 12000 points. Better is that if you can sell and wait for another 6 months, you can gain more than buying and keeping it. Indian Economy is decelerating and Bull Market continues.
Indian Economy is steamed-up by the inflow of Foreign Direct Investment and Foreign Institutional Investment. For them there's no place safer to invest when the world market was falling due to recession. They invested in Commodities, Indian companies and Chinese market. Dollar too was falling and all others which is related with it was rising. USD$ is linked with all the currencies of the world, commodities, etc. So when USD$ was decreasing, others which is linked with it rises.
Now the table has changed. USD$ is increasing, so what will happen is that Indian Stocks, Chinese Stocks and Commodities will fall to rumbles. So it's better Invest in United Stated Dollars. Apart from that, Invest in land of USA, which will gain more profit in the years to come. On the other hand, if you can't, invest in stocks which is investing in real estates. The future lies there.
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