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......
On July 20, a group of Indian businessmen gathered in Mumbai to listen to a presentation entitled "How to Deal with the New, Improved Rupee." Yet for this crowd - mostly smallish exporters of......
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......