“It’s critical to understand that the rupee has not weakened, but rather that the dollar has strengthened. The dollar is strengthening due to US expectations that the US Fed might raise interest rates,” said Raghu Kumar, co-founder, RKSV.

 

Raghu Kumar

Raghu Kumar

Raghu loves trading, algorithms, and figuring out ways to beat the market. He enjoys workouts, naps, food, listening to Carnatic music, teaching his dogs (pug named Zenzi and Shih Tzu named Cactus) cool tricks, and spending time with family and friends.A list of his authored articles on NDTV Profit can be found at http://profit.ndtv.com/topic/rksv