RBI’s sterilised intervention fails to yield results, says the bank’s research report The decline in the rupee, which closed at yet another all-time low
Category: EXIM
Rupee to stabilise on its own, dip not due to domestic factors: Govt – The Hindu BusinessLine
With the rupee hitting a fresh low, the government Tuesday said the currency will stabilise on its own as there are no domestic factors contributing
RBI fire-fights to protect capital flows – The Hindu BusinessLine
The RBI, in its annual report, has highlighted that it has rationalised regulations to facilitate better cross-border flows in FY18. It is apparent that the
A trade war is terrible for everyone | Business Standard Column
As the trade war escalates, for the first time in 20 years the world’s second largest economy China has reported a current account deficit of $28.3 billion
Current account deficit expected to be largely financed by FDI flows – The Financial Express
In its annual report released on Wednesday for the financial year 2017-18, the Reserve Bank of India (RBI) stated that the current account deficit (CAD)
What’s causing the rupee to weaken – The Hindu BusinessLine
Persistent current account deficit and net capital outflows are the key reasons for the fall The rupee has crossed the 70 mark against the US
Rupee fall no macro worry, was long overdue: Panagariya – The Hindu BusinessLine
Former Niti Aayog vice-chairman Arvind Panagariya has opined that rupee depreciation was long overdue, saying appreciated currency had hurt the country’s exports. Panagariya further said
Rupee depreciation: Fall collection unveiled–Economic Times
By Rana Kapoor The rupee has generated significant degree of media attention in the last few months, with the currency touching a record low of
Internal strife hurting Rupee: If government is forcing RBI to loosen its purse strings, money would leave India faster than light – The Financial Express
The depreciation of the rupee and the attendant loss of reserves in managing the volatility should have been seen as a consequence of global forces.
More uncertainty with rupee’s slide | Business Standard Column
Last Tuesday, the commerce ministry said the trade deficit for July was estimated at a little above $18 billion, as against one of nearly $11.5 bn during
Worrying signs on the forex reserves front – The Hindu BusinessLine
The Centre’s response to the recent bout of weakness in the rupee has been surprisingly nonchalant. While the RBI was mum, the Finance Minister decided
Small biz exports hit by GST refund delay – The Economic Times
Exports by small businesses were adversely affected by a delay in refund of upfront goods and services tax (GST) and input credit, which put pressure on their
Rapid deterioration in India’s external sector – The Financial Express
With the trade deficit for July hitting a five year high of $18 billion on the back of a $17.1 billion deficit in June, India’s
MSME exports hit more by issues related to GST implementation than demonetisation? Check what report says – The Financial Express
The report noted that the credit growth in the MSME sector had started decelerating even before demonetisation, and declined further during the demonetisation phase. MSME
Rupee at all-time low does not concern Raghuram Rajan; here’s why he thinks rupee needs modest weakening – The Financial Express
The rupee on Thursday hit a fresh all-time low of 70.32 against the US dollar in opening deals, which does not concern former Reserve Bank of
The state of the economy | Business Standard Column
The recent (IMF) report on the Indian economy projects a gradual acceleration of growth but also draws attention to several downside risks. The report uses circumspect language
Defend the rupee, raise policy rates–Economic Times
The Reserve Bank of India (RBI) must stand ready to announce a significant, pre-emptive hike in policy rates, of, say, 0.5 percentage (50 basis) points.
Fall in rupee: What government has say – The Financial Express
Attributing the fall in rupee value against the US dollar to “external factors”, Economic Affairs Secretary Subhash Chandra Garg said today that there is nothing
A new all-time low: Rupee at 70 a dollar now, but let us be reasonable | Business Standard News
The rupee has already plunged under 70 to a dollar. How much more? The question is very relevant, now that the rupee has breached that
Rupee rumbles – The Hindu BusinessLine
The rupee’s move towards the 70 mark against the dollar in the recent bout of weakness triggered by contagion-risk in emerging market currencies helps highlight