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ICICI Bank Ltd. Message Board

  • bs572 bs572 Aug 19, 2013 1:13 PM Flag

    Traders laiming for Rs 100 for 1 U.S Dollar.

    Fwd trading indicates that the majority of currency derivative traders are shorting the Rupee aiming for a 100:1 by end 2015. Nothing can stop the selling pressure.

    That is why IBN is on a downtrend.

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