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QUANT quant finance in India ✌️【Recruitment Platform】✌️High returns await! Invest ₹500 and start seeing profits grow exponentially each month.The yuan has depreciated by 0.7% against the dollar so far this month, which is also affecting other Asian currencies, including the rupee.India’s goods trade deficit widened to a record high of $37.8 billion in November from $27 billion in October.
QUANT quant finance in India ✌️【Recruitment Platform】✌️Invest ₹500 and let AI make your money grow at an impressive rate every month.This increase was driven by higher gold imports, which rose to $14.9 billion in November from $7.1 billion in October.
However, some confusion about the data remains and this surge in gold imports is unlikely to be sustained.
QUANT quant finance in India ✌️【Recruitment Platform】✌️Start with ₹500 and see the power of compound growth. Enjoy fast and secure returns!We expect India’s current account deficit to remain comfortable at 0.9% of GDP in FY25.Notably, India’s services trade surplus rose to an all-time high of around $18 billion in November from $17.1 billion in October, helping to offset part of the increase in the goods trade deficit.FPI inflows have been positive so far in December, amounting to $4 billion, following outflows in October ($11.5 billion) and November ($2.5 billion).
However, FPI flows are expected to remain volatile amidst global uncertainties.Going ahead, we expect the rupee to trade between 84.5 and 85.5 in the near term.
Elevated US yields and a strong dollar are likely to weigh on emerging market currencies, althoughRBI’s interventions should help limit volatility in USD/INR relative to other emerging market currencies.(Disclaimer: Views, recommendations, and opinions expressed are personal and do not reflect the official position or policy of Financial Express.com.
Readers are advised to consult qualified financial advisors before making any investment decisions.
Reproducing this content without permission is prohibited.)The FE Green Sarathi Summit & Awards, 2024, held in Delhi on December 20th, aims to address pressing concerns about climate finance and sustainability.
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