The rupee is vulnerable to geopolitical events more now than before
Check out what experts have recommended as the strategy to play the commodity space today.
Soozhana Choi, director and head of commodities research- Asia, Deutsche Bank tells CNBC-TV18 that she doesn’t see any major moves in commodities in the next two weeks. She continues to be positive on gold over the long-term. According to her, silver may underperform gold in the near-term.
Japan's finance minister said on Saturday he would take decisive action against excessive and speculative yen moves, Kyodo news agency reported, threatening to conduct currency intervention after the yen rose to a record high against the dollar.