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 and a weakening Chinese yuan, according to a Business......
RBI Governor Raghuram Rajan has warned firms the central bank will not bail them out if the currency falls sharply. The Reserve Bank of India’s repeated warnings to companies on hedging......
If we are able to get our act together this year, we may be able to see growth climb again to more than eight per cent, says a forex expert.Jamal Mecklai, Chief Executive Officer, Mecklai Financial......
Going by the real effective exchange rate, the rupee is overvalued Amid the debate about whether the rupee should be depreciated sharply to benefit exporters, currency market participants are not......
Banks are being squeezed every which way -- on capital, on compensation, on credibility. Jobs in financial services will become scarcer and will pay less, writes Jamal Mecklai. I had a young man......