USD/YPY - Breakout = Good signs for Maruti
Maruti pays royalties and other payments in YEN. As the yen weakens more against the USD than the INR they will have to pay less to the parent company.
Watch this space and the maruti stock to see the added benefits.
This along with a favourable scrappage policy could be great news for the Maruti stock.
Watch this space and the maruti stock to see the added benefits.
This along with a favourable scrappage policy could be great news for the Maruti stock.
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