This asymmetry in the behaviour of the nominal exchange rate led to an overall devaluation of the rupee throughout the 2010s decade as reflected in Figure 1. In the post-COVID period ...
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The Financial Times is understandably worried about the future of the Indian economy. Their latest report on the rupee’s decline and its implications for inflation also includes concerns about the ...
The Indian rupee opened marginally down on January 16 at 86.42 against the US dollar after ending the previous session at 86.3625. After opening lower, the local currency made some recovery to ...
Shenoy suggested that RBI should sell more dollars to stop the slide of the rupee. "The RBI bought about $100 billion in the last two years. So why shouldn't they sell most of it? We did see this ...
MUMBAI, Jan 16 (Reuters) - The non-deliverable forwards indicated that the Indian rupee is unlikely to recover ... a bump," Morgan Stanley said in a note. The investment bank said the inflation ...
Today, his business, Molecules Biolabs, is valued at Rs 100 crore. To advertise here, Contact Us Sreeraj Gopi (40), who holds a PhD in organic chemistry, nano drug delivery, and nanotechnology ...
The Reserve Bank of India, under new Governor Sanjay Malhotra, is loosening its tight control over the rupee, aligning it with regional currencies while still intervening to prevent excessive ...
Today's gold prices in India are Rs 8,007 per gramme for 24 carat gold and Rs 7,340 per gramme for 22 carat gold. While 22k of 100 grammes of ... Ltd in a note today. GoodReturns is your trusted ...
Photo Credit: SUSHIL KUMAR VERMA Ahead of the next meeting of the RBI’s Monetary Policy Committee (MPC), a weakening rupee poses a new threat to inflation. Economists believe that any rise in ...
The rupee hit a new low of 86.63 against the dollar amid speculation about a more flexible approach. Active interventions have used significant foreign exchange reserves since September to defend ...
as amended (the "Securities Act"), of $100 million in aggregate principal amount of 9.75% Senior Notes due 2028 (the "New Notes"). The New Notes mature on July 15, 2028 and will be issued at 98% ...