Forex Market News

Asia’s Top Currency Forecaster Sees Not So Good Times Ahead For Rupee

Beware the rally in emerging-market currencies: the best quarterly performance in almost seven years is about to reverse.

That’s the message from the most-accurate forecaster of developing-nation Asian currencies last quarter: Wells Fargo & Co.

“We don’t see continued appreciation through the rest of the year,” said Nicholas Bennenbroek, head of currency strategy at the U.S. bank in New York. “Federal Reserve interest-rate increases should continue at a steady pace, ..

For Quick Trial – 8962000225 ✔
or mail us here:
✆ – 0731-6626222 | Toll Free – 1800-3010-2007 ✔
Give a Missed Call for Free Trial – 09699997717 ✔

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s