Weak Rupee is no big problem but higher Crude is a Big Problem

Discussion in 'Off-Topic Discussion' started by kharb, Sep 11, 2018.

  1. kharb

    kharb Well-Known Member

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    Presently we are having combination of weak rupee and higher Crude. But in my view weak rupee is no big issue but Yes Higher Crude prices is a Big Problem . if Crude cool down, Indian economic worries will reduce significantly. So keep a watch on Crude .
     
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  2. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    100% agreed. Crude oil spike in price is big problem for cad and inflation. If interest rates increase is done by RBI because of the inflation banking stocks will not be in favour.
     
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