RBI should recognise need to bring the ratio of minimum to average volatility up to at least 75 per cent, the level that prevails in global foreign exchange markets, writes Jamal Mecklai Rupee......
It does feel like we are close to the end of the rupee's rally, says Jamal Mecklai. Illustration: Dominic Xavier/Rediff.com Technically, it is beginning to appear as if the rupee rocket, which has......
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......
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......
A few Asian central banks, mainly China's and South Korea's, do such intervention occasionally but the derivatives markets there are deep. A week before a crucial meeting where the US Federal......