Mecklai Financial Services

In an interview to CNBC-TV18 Jamal Mecklai, CEO, Mecklai Financial Services said that this is not the right value for the rupee. He believes that it has gone this way because the sentiments have been negative.

RBI must give 'I understand' signal to market: Mecklai

The slipping rupee has slightly gained strength and experts believe that it is a welcome move to see the rupee reacting.

Rupee at 3-month high: Jamal Mecklai says next stop, 47/$

Surprised by rupee's appreciation Mecklai told CNBC-TV18, "At the start of the year, FIIs need to position themselves, so they have brought money in, but now we are into February and money is still coming in. So, in terms of forecasting it is going clearly in one direction."

See continued volatility in rupee: Mecklai Fin Services

The rupee has witnessed rapid rise in 2012. Jamal Mecklai, chief executive officer of Mecklai Financial Services sees continued volatility in the Indian currency. “I think 2012 is going to be a pretty good year. That doesn’t necessarily mean that rupee is going to strengthen,” he adds.

Market should make it easy for cos to hedge risk: Mecklai

According to Jamal Mecklai, CEO of Mecklai Financial Services, the purpose of the market should be to make it easy for companies to hedge their risk.

Outlook for rupee is bleak: Mecklai Financial Services

The rupee fell to a record low on Tuesday. Jamal Mecklai of Mecklai Financial Services says, the outlook for the rupee is bleak.

RBI should intervene to boost rupee: Mecklai Fin Services

The rupee fell past 51 per dollar on Friday for the first time in nearly 32 months. Jamal Mecklai, chief executive officer of Mecklai Financial Services says, the rupee has fallen far more than the euro over the last month to month-and-a-half. According to him, RBI should intervene to boost rupee.

Why does Jamal Mecklai see Re north of 45 by May 2011?

Jamal Mecklai, CEO, Mecklai Financial Services, in an interview on CNBC-TV18 says that interest rates are not the only key factor for the currency to move. "Currency, however, could weaken in the medium-term," he adds. He also spoke about how he expects the rupee to perform going forward.

Expect rupee to touch 46/$ soon: Jamal Mecklai

In an interview with CNBC-TV18's Latha Venkatesh, Jamal Mecklai, CEO of Mecklai Financial Services, spoke about his reading of the currency market and his outlook.