[ad_1] By Subhadip Sircar and Ronojoy Mazumdar For the most part of this year, betting against the rupee has been a fool’s errand. Traders are contemplating one key […]
Indian pharma exports to Iran decline thanks to its lower rupee reserves
[ad_1] India’s pharmaceutical exports to Iran have been affected due to depleting rupee reserves in the West Asian country. This is a result of India ceasing its […]
Rupee expected to weaken more to touch $83.5, may improve in Sept
[ad_1] The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar […]
RBI buys $7.37 billion in spot foreign exchange market in May: Bulletin
[ad_1] The Reserve Bank of India (RBI) bought $7.37 billion in the spot foreign exchange market in May, showed data released on Monday as part of the […]
Q1 earnings, global trends, FII activity to guide mkts this week: Analysts
[ad_1] Domestic equity markets, which are at record high levels, will be driven by quarterly earnings, global trends and foreign fund movement, analysts said. The movement […]
India’s campaign to internationalise rupee gets off to a slow start
[ad_1] By Subhadip Sircar and Anup Roy India’s year-old campaign to boost the rupee’s role in cross-border payments has made little headway, according to people familiar with the […]
Will strive to get CPI to 4%, El Nino a challenge for food inflation: Das
[ad_1] Governor Shaktikanta Das has said the Reserve Bank will strive to get headline inflation to its 4 per cent target but flagged El Nino as a […]
Rupee globalisation to spur easier trade with other nations: Ex-RBI dy guv
[ad_1] By Anup Roy India’s efforts to internationalise the rupee are aimed at easing trade settlements with other nations, rather than contributing to de-dollarization, according to a former […]