Central bank sold $9.7 billion in Nov as rupee falls 0.7%The Reserve Bank of India sold dollars in November. This action aimed to manage the Indian rupee's value. The rupee saw depreciation last y...
Rupee slide overdone? Jefferies says no need to panic, gives 4 reasons whyJefferies has said that the Indian rupee, though down sharply, is undervalued and fundamentals remain strong. With contained current accoun...
US dollar may stay strong vs EM currencies, but rupee’s worst could be overThe Rupee’s overvaluation, as indicated by a record-high REER in November 2024, has been largely corrected, with the current REER estimated...
It’s not about Trump shaking India’s trade, but what comes nextIndia's direct export losses due to US tariffs are expected to be limited to 0.1% of GDP, according to CareEdge Ratings. However, broader g...
Indian rupee performed better than currencies of Canada, Korea, Brazil: Eco Survey 2024-25The Indian rupee depreciated by a modest 2.9% in the first nine months of FY25, outperforming currencies like the Canadian Dollar and South...
Rupee fall continues unabated: Know its ripple effect on Indian economy, sectors that are most affected and how effective are RBI actionsThe rupee depreciated 2.8% in 2024 due to a strengthening USD, high US bond yields, geopolitical tensions, and substantial FPI outflows. A ...
Rupee plunges over 3% in 2024, volatility likely to remain highThe expected volatility is due to uncertainties from the incoming Donald Trump administration, along with the union budget and measures tak...
Cost of imports up; RBI likely to turn cautious on RupeeImported inflation in India's CPI has gradually increased since April 2024, contributing 0.5 percentage points by August 2024. With global ...
Imported inflation edges up after months in the negative zoneImported inflation is gradually rising from a negative base, contributing 0.5 percentage points to the Consumer Price Index inflation since...
Fed rate cut not enough for RBI? Thaw unlikely before Dec-JanThe US Federal Reserve's decision to cut rates by 50 basis points in September signals a shift for global central banks. While inflation is...
India's productivity gains persist as the rupee looks to be undervalued, not overvaluedThe stability of the rupee's exchange rate has led to a debate on whether it is overvalued or undervalued. While some measures suggest over...
Rupee hits record low for third day amid US growth concerns and equity outflowsThe rupee closed at a record low for the third consecutive day due to outflows in Indian equities and risk aversion due to signs of a growt...
China rate cut sends rupee to record intraday lowThe rupee on Monday touched a record low intraday level versus the US dollar as a weaker Chinese yuan dragged Asian units lower, with likel...
India set for first current account surplus in 10 quarters by Q4FY24: Ind-RaIndia's current account balance (CAB) is projected to reach a surplus of approximately USD 6 billion in Q4 2024, marking the first surplus ...
India's external position improving amid favorable BoP dynamicsFPI inflows into equities saw a resurgence after a lacklustre February. FPIs have poured in net USD 4.9bn into domestic equities in March s...
Global turmoil may restrict domestic impact, say economistsGlobal spillovers in 2024 can create volatility but the runaway depreciation of the Rupee may not happen as narrowing deficit have made the...
Rupee to inch towards 80/$ next fiscal on narrowing CADThe Indian rupee could appreciate to around 80 levels against the US dollar during the next fiscal year due to an improvement in the countr...