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Rupee expected to weaken more to touch $83.5, may improve in Sep

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......

Why RBI wants rupee to remain weak for some more time

The RBI governor is focused on growth, and keeping rupee slightly depreciated is part of that ‘Atmanirbhar Bharat’ strategy. A deluge of foreign fund inflow in India’s equity......

Has the Rocketing Rupee reached its Zenith?

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......

Indian firms may take a hit if the rupee falls further

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......

Rupee marks lowest close in over 1 week; dollar rebounds

The Indian rupee slumped on Tuesday, retreating from a nearly three-week high hit earlier in the day as growing worries about global economic growth sparked a recovery in the dollar, offsetting......

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Mecklai Financial

News for Mecklai Financial

Rupee expected to weaken more to touch $83.5, may improve in Sep

Why RBI wants rupee to remain weak for some more time

Has the Rocketing Rupee reached its Zenith?

Indian firms may take a hit if the rupee falls further

Rupee marks lowest close in over 1 week; dollar rebounds

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