After a long series of debates, disputes, out of the house talks and negotiations, the upper house of the parliament cleared the long-awaited GST bill finally. Since it was almost impossible to get a unanimous support on it, economists were worried about the possibility of getting it through. However, it is certainly a great moment in the Indian history where politicians came out of their egos and ideological differences and cleared it.
As the much-needed bill gets a green signal for implementation, everyone is busy in assessing the impact of it on the economy. As far as FOREX trading in India is concerned, economists are quite confident that the Indian economy and in turn the price of Rupee against all major currencies will improve drastically.