Category: EXIM

Given India’s imports of gold were $8.4bn in Q1FY19, it is not surprising the government wants to curtail demand; they were 18% of the trade

If the announcement-effect of any government policy were to be the immediate judge of the efficacy of the same, then the five-point currency revival plan

The Reserve Bank on Wednesday eased norms for companies in the manufacturing sector to raise overseas funds and allowed Indian banks to market Masala Bonds in line

The deteriorating trend of the current account deficit has been known for some time. But the government reacted only when the fall in the rupee value hit the headlines,

Arresting the rupee’s fall by adding to the high stock of short-term external debt is a bad idea The foreign exchange market does not seem

The government is set to hike the import duty on gold to 12-13 per cent from 10 per cent to control the widening current account

During the brief respite from the sharply rising volatility in most emerging market (EM) exchange rates (including the rupee), key policy decisions on exchange rate

The first intervention of the government in steadying the rupee has been by announcing measures on ECBs, FPI and Masala bonds. Clearly the focus is on looking at enhancing

Economists feel the government measure to address the current account deficit and rupee depreciation may improve sentiment and were just the limited response that was needed, but

The Japanese firm said it expects more measures going forward. The government’s rupee depreciation arresting measures announced Friday may not drive fund inflows and are a negative

Well, I guess, it is a case of global factors being extremely negative from our perspective. Oil prices being where they are, US economy being

Finance Minister Arun Jaitley Monday blamed the depreciation of rupee to a combination of global factors, including trade war and internal policy decisions of the United States.

While the recent fall of the rupee against the dollar has raised concerns, the moot point here is — has the rupee really fallen. Leave aside the dollar, which

It was a volatile week for the Indian rupee. The currency tumbled to a new record low of 72.91 on Wednesday, and recovered sharply from

The crux of the problem is that India’s macroeconomic framework is based on an antiquated belief that the economy is closed when in reality it

The government has done well to try and address concerns on the rupee. The most credible and reassuring statement is that the government would not