The emergence of one asset class
during this economic crisis has been a surprise to many. One would have
normally expected a commodity like Gold or Silver to do well. Even Crude would
have been a safe gamble to make when the global economy is on the brink of a
recession. However, the re-emergence of the American Dollar during this time has raised a lot of questions. For
India, a strong Dollar is not good news because as a floated currency, every
time the Dollar gains – the Rupee weakens.
The emergence of one asset class
during this economic crisis has been a surprise to many. One would have
normally expected a commodity like Gold or Silver to do well. Even Crude would
have been a safe gamble to make when the global economy is on the brink of a
recession. However, the re-emergence of the American Dollar during this time has raised a lot of questions. For
India, a strong Dollar is not good news because as a floated currency, every
time the Dollar gains – the Rupee weakens. 