Commodity DNA

Rupee

By Ibrahim Patel
Dec 09, 2022

SYNTHETIC AND NATURAL RUBBER FACING DECLINING PRICES AND SUBDUED DEMAND

*Target of 2 lakh hectares of rubber cultivation in the northeaster states by 2025 *Butadiene hit a new low with an 8.7% from $1015 to $927 The rubber products industry is ....

Rupee

By Ibrahim Patel
May 13, 2022

STRONG CONSUMPTION AND IMPORTS TO PUT WEAKENING PRESSURE ON THE RUPEE

*There is a tolerance limit for forex reserves below $550 billion which the RBI will stay out of the forex market *RBI's foreign exchange reserves have declined in recent weeks ....

Rupee

By Ibrahim Patel
Feb 17, 2022

SHARP RATE HIKE CYCLE IN THE US WILL SUPPORT DOLLAR BULLS AGAINST RUPEE

*Rupee to rise to around 76-77 per dollar in the next three months *Currency trader will monitor along the Ukrainian border and their impact on commodity prices *Due to elect ....

Rupee

By Ibrahim Patel
Dec 10, 2021

ECONOMISTS EXPECT RUPEE TO TRADE WITHIN A 77 RANGE OVER 2022

*Rupee weakness vs dollar to persist as market expectations of a Fed rate hike *Finance Ministry positives comments were the major ones to weigh on the Rupee While keepin ....

Rupee

By Ibrahim Patel
Aug 13, 2021

RUPEE SAW VERY THIN MOVES AFTER A RECENT DROP

*Rupee/Dollar bulls conquer the trend line resistance from early July *Foreign banks converting rupee into dollars and that were used to buy foreign sovereign debt Firmness ....