Dollar getting strong against other currencies: Market expert

Dollar getting strong against other currencies: Market expert

Indian rupee hit an all-time low of 74.45 against the US dollar on Thursday. Market expert Sunil Shah reacted on the same and said that Dollar is getting stronger than other currencies instead of rupee becoming weaker. Traders are cautious ahead of retail inflation and Index of Industrial Production data due on Friday. According to Bloomberg analyst poll, CPI will be at 4% for September month from 3.69% a month ago. IIP will be at 3.9% for August versus 6.6% last month. Hindustan Times, owned by HT Media Ltd, is one of India’s largest publications that provides unbiased news, analysis and features on politics, sports, entertainment, lifestyle and more. Hindustan Times delivers the news across all social media platforms, on the web, and at your doorstep. Subscribe to our channel: http://read.ht/fLZ Follow us on Twitter:   / httweets   Like us on Facebook:   / hindustantimes   iOS:- http://m.onelink.me/bcae8b2d Android:- http://m.onelink.me/986f584a Watch more videos at: http://www.hindustantimes.com/video hindustantimes.com © 2016