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Forex Strategist

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Is foreign exchange rate stability desirable? Not really

The recent depreciation of the rupee along with sharp fall in the country’s foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and......

FPIs invest Rs 26,565 crore in Indian equities in Jun

After two months of net outflow, foreign investors turned buyers in June, infusing Rs 26,565 crore in Indian equities, driven by political stability and a sharp rebound in markets. Illustration:......

FX derivatives mkt in a fix before new RBI rules

Exchange-traded currency derivatives volumes are likely to drop in view of new Reserve Bank of India (RBI) rules, casting a cloud over further participation of retail investors and proprietary......

Rupee @ 80: Forex deficit to hurt India Inc's margins

The rupee breached the 80-mark against the dollar on Tuesday. The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India.......

'India's gold demand may cross China's'

'When the gold price rises rapidly, India's physical gold market remains on standby.' IMAGE: A customer checks out a gold necklace. Photograph: Rupak De Chowdhuri/Reuters John Reade, Global Chief......

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