Standard Chartered Bank INDIAN DEPOSITORY RECEIPT…Looking Beyond the Financials…At the Exchange Risk Involved…What if the Rupee Appreciates !?
I’m Looking Beyond the Financials here…..at the Standard Chartered Bank (SCB) INDIAN DEPOSITORY RECEIPTS (IDRs) Issue….am not inclined to recommend Investment,although the Pricing looks reasonable and it will not form part of the Overseas Investment Annual Limit of US $ 200k per Indian Citizen….probably a contrarion here as all seem to be recommending the IDR….I’m a bit …