Last week, RBI announced a plan to make the rupee international. 𝙒𝙝𝙖𝙩 𝙙𝙤𝙚𝙨 𝙩𝙝𝙖𝙩 𝙢𝙚𝙖𝙣? It means from now onwards rupee will be used for international trade settlements. 𝙒𝙝𝙮 𝙍𝘽𝙄 𝙙𝙤𝙣’𝙩 𝙙𝙤 𝙩𝙝𝙞𝙨 𝙗𝙚𝙛𝙤𝙧𝙚? As we all know the major trading currency in the world is Dollar as it is the de-facto currency for trade.Continue reading “Step toward making Indian Currency international”
Tag Archives: investment advice
Economic Moat
Economic moat is a competitive advantage to company over it’s competitors which allows a company to protect its profitability and it’s market share. There are mainly 4 types of economic moats 𝙇𝙤𝙬 𝙘𝙤𝙨𝙩 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙞𝙤𝙣 – If any company is in commodity business , then more the reduction in cost, deeper the moat will be. 𝙃𝙞𝙜𝙝Continue reading “Economic Moat”
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