Forget will, rich Indian families are writing ‘family constitutions’Family constitution meaning: Wealthy Indian families are increasingly adopting formal family constitutions to govern wealth creation, succe...
Dollar demand, FPI outflows, oil prices to weigh on rupeeThe Indian rupee is anticipated to decline further this week, breaking its recent stable trading band. Strong dollar demand, rising oil imp...
This is not the time to take risks: Jamal Mecklai, Mecklai Financial ServicesWe in India will be perhaps a little better off even though you cannot hide from the global environment.
Chinese devaluation of yuan to have sentimental impact on rupee: Jamal MecklaiChina is signalling that they have got a problem and they are trying to fix it, so there is going to be some continuing nervousness, in my ...
Rupee unlikely to fall to 65/$ in near term: Jamal Mecklai"I do not think this is a panic situation. We are not going to see it fall the way we saw it fall last year," Mecklai said.
EM currencies have been an easy hit, Argentina a trigger: Jamal MecklaiVolatility was very low. So there is a sign that at some point, it is going to turn, some little trigger is needed.
Current market optimism is just a knee-jerk reaction to exit polls: Jamal MecklaiJamal Mecklai says, market optimism is based on solely exit polls and nothing has happened in terms of structural change.
Current market optimism is a knee-jerk reaction to exit polls: Jamal Mecklai"I do not think the rupee will strengthen dramatically, since for that to happen, you need structural change, which does not happen overnig...
Rupee is not collapsing like it did sometime back: Jamal Mecklai"Rupee is not collapsing like it did a few months ago and I do not think that is going to happen, but I think it is going to be volatile."
Structural changes needed to stem the rupee’s steep fall: Jamal Mecklai'If the rupee falls and stops falling on its own without any sort of constraint, then money will come in,' says Jamal Mecklai
Expect rupee to remain at worst level if government does nothing: Jamal Mecklai, Mecklai Financial Services"I think the government needs to stand up, acknowledge that it is a crisis and conduct some real crisis management reforms."
Expect rupee to get weaker in near term: Jamal Mecklai, Mecklai Financial ServicesI do not know what to say except that the rupee is weak and will get weaker, which seems very likely, says Jamal Mecklai, CEO, Mecklai Fina...
Rupee could weaken further on dollar rally: Jamal Mecklai, Mecklai Financial ServicesRight now the minus is winning because sentiment is still negative. Govt should take some strong steps to improve sentiment, says Jamal Mec...
Expect rupee to remain in a range of 54.50-56/$: Jamal Mecklai, Mecklai Financial ServicesThe dollar has been strengthening and will continue to do so. It is a double-edged sword for India, says Jamal Mecklai.
RBI action to stem rupee's fall momentarily: Jamal MecklaiMecklai was of the view that with the current account of the country in a deficit position, the funadamentals indicate a weak rupee in the ...
- Expect rupee to weaken till December, strengthen next year: Jamal Mecklai, Mecklai Financial Services
In an interview with ET Now, Jamal Mecklai, CEO, Mecklai Financial Services Ltd, speaks on the depreciation of the rupee and the RBI’s stan...
- Currency volatility still rattles most cos in India
Although a number of Indian companies have increased their focus on forex risk management, many of them have not yet been able to translate...