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......
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......
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......
Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially,......
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a......