Sunday Jul 06, 2025
Tuesday, 15 May 2012 00:00 - - {{hitsCtrl.values.hits}}
Reuters Market Eye: The USD/INR is facing choppy trading in the near-term, with another 2-3 per cent upside from current levels amid global uncertainty.
The bank lowers its medium-term rating on the rupee to ‘neutral’ from ‘overweight’ as continued policy inertia lowers the possibility of sustained inflows.
The bank recommends USD-based investors in Indian assets maintain high short-term FX hedge ratios.
The bank also says importers should keep high FX hedge ratios in USD/INR in the short-term, expects exporters to remain sidelined until a record high of around 54.30 is tested.
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.