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Indian rupee appreciation News
Indian rupee appreciation
Rupee expected to test 75 levels in medium term
Mon, Sep 17, 2018
India has seen its current account deficit (CAD) widen to 2.4% in the April-June quarter from 1.9%. in the previous quarter. Economists expect the CAD to widen to 2.7-2.8% this year on the back of an increase in import of electronic goods and rising oil prices.
Rupee crisis, soaring fuel price set to hit you hard
Wed, Sep 05, 2018
On rupee, technical indicators show currency fell too far, too fast; it is likely to cause a backlash that will hit the public
US Fed indicates more rate hikes this year; what this means for Indian rupee
Fri, Jun 16, 2017
US Federal Reserve has hiked its domestic rate for the third time in December posing threat to inflows from FPIs in India and thus opening case for depreciation bias in Indian rupee against dollar.
Can Rupee save India from rising wholesale inflation?
Tue, Apr 18, 2017
Siddharth Purohit Senior Equity Research Analysts – Banking of Angel Broking said, “We believe a strong rupee should result in lower crude oil prices for Indian basket and that should keep both CPI and WPI under check in the near term.”
9 things to watch out for before RBI's bi-monthly monetary policy
Thu, Apr 06, 2017
RBI's repo and reverse repo rates are kept unchanged at 6.25% and 5.75% respectively, where it has been since October 2016. Marginal standing facility (MSF) rate and bank rate at 6.75% each.