Yuan revaluation to affect commodities: Brics Securities
ET Now talks to Ram Pitre, Director, Brics Securities on imapct of Yuan on commodities.
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| ET Now talks to Ram Pitre, Director, Brics Securities on imapct of Yuan on commodities.
Do you see Yuan or currencies as a very important part to impact the metals in the coming days?
Definitely, Yuan, the currency is likely to revalue but date is not confirmed. The moment news is out, it will add to the commodities and commodities market, especially the base metal might rally subsequently.
Do you see Yuan or currencies as a very important part to impact the metals in the coming days?
Definitely, Yuan, the currency is likely to revalue but date is not confirmed. The moment news is out, it will add to the commodities and commodities market, especially the base metal might rally subsequently.
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