Rising rupee makes the exporters sweat!

With the rupee rising steadily against the U.S dollar,most of the exporters are already feeling the pinch as they can see their profits evaporating fast as a result of the falling Dollar.it is not only the exporters who are feeling the pinch but also the other companies that provide/export their services to their western counterparts.and since they get paid in the U.S dollar,their profits are also fast drying up.

Naturally the BPO's come under this list.the key question on everyone's mind is that will India follow Japan's route.that is,will the RBI intervene in the market and make sure that the dollar does not weaken any more.such solutions are quite risky and any gains made by such moves is temporary because sooner or later the natural order of the currencies will prevail.Japan knows that they are only postponing the inevitable and hopefully India will realise this as well!

japan,exporters,united states,currency,

Trying to reach the 16K mark!

The Indian sensex is making rapid movements towards the 16000 mark and going by all realistic reviews it may just do that within 3 days time.it is moving at a rapid click and is fast becoming the cynosure of almost every financial corp.of course with the Indian economy booming the way it has been,it is only right that the 'bulls' should have a hey day at the markets.
What is surprising many economic commentators is the way the market is reacting to the world economic news.any negative comments on the U.S economy always has a kind of a 'domino' effect on pretty much all the world markets.it is true that the Indian sensex does gt effected like all the other Asian counterparts as well.but what has thrown off many economists off the track is the way the market has recovered all of its losses and is now fast chugging along to the 16K mark.many economic pundits from all over the world had predicted that the sensex would bottom out at 14-15 K and that would be the peak for quite a while.well,it seems that the Indian senses has not heard that report and now is on its way to new heights!

india,economy,sensex,mumbai,asian,

Choppy week ahead for asian stocks!

With thew Fed rumored to cut rates soon at its meeting sometime on September 18th,all expectations are high that this will ease the credit worries in the market.this subprime scare is kind of like dropping a rock in the middle of the pond and to see the waves continuously washing over the market.that is what is happening,the markets are yet to settle down and the U.S payroll data is nit helping matters any bit yet.but all of that has made sure that the Fed will take action but to what extent is the question on every traders lips.
With the Asian markets bound to feel the impact of the dollar surges,the current season looks to be very volatile.with the current scenario,investors should be wary of making any sudden changes and wait for the markets to settle down a bit and see how they react after the Fed cuts rates on the 18th.

united states,fed,markets,asia,currency,