Advanced Marketing, Short term programmes

India’s forex trade surged to $541 billion!

Even as the pandemic has impacted the stock markets globally and the inflow of funds by foreign portfolio investors, India’s foreign exchange reserves touched an all-time high of $541.4 billion, which is the highest ever! The rise in foreign exchange reserves has boosted the value of the rupee against the US dollar and also the transactions in the Bombay Stock Exchange.

Since September 2019, when Finance Minister Nirmala Sithraman announced a cut in corporate tax, forex trading has been rising week-on-week. A sharp decline in global crude oil prices subsequently was a blessing in disguise for the stock markets in India during this period. As per the global experts, this is the best time to invest in forex markets. If you are interested to learn about the enthralling Forex Market, BSE Institute Ltd offers a course on this. To know more, please visit https://www.bsebti.com/stp-online/Advanced-Forex-trading-strategy.html

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