Dear All,
Rupee depreciated on Thursday as elevated borrowing cost and weak economic data from Spain added to investors' concerns ahead of Spanish debt auction.Also, risk aversion as falling home prices and rising bad loans in Spain highlighted investors concerns that the debt ridden nation's borrowing cost may spike sharply.
Rupee depreciated on Thursday as elevated borrowing cost and weak economic data from Spain added to investors' concerns ahead of Spanish debt auction.Also, risk aversion as falling home prices and rising bad loans in Spain highlighted investors concerns that the debt ridden nation's borrowing cost may spike sharply.
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Thanks and Regards
Rohit Saxena
Losers say it is hard and impossible, but winners say it is hard but not impossible." Rohit Saxena
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