Rupee continued its decline in 2nd week of the new year

While analysts stand divided on the short-term impact of the election’s outcome, they are certain that it won’t have a significant impact on the long-run. After a blockbuster 2017, India’s equity markets witnessed extreme ups and downs in 2018. Billions of dollars were wiped out from the market, owing to factors such as the US-China […]

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Government and RBI may require coordination to stop rupee fluctuation

The central bank and the government have been at loggerheads over the latter’s demands, which included easing of lending and capital rules for some banks. But the rupee is likely to find it difficult to regain lost ground without the central bank’s support. “Despite the current relief for the INR, India remains vulnerable to domestic […]

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Fluctuating Rupee Makes Real Estate More Lucrative

A fluctuating rupee, and introduction of various regulations to bring in transparency and accountability, are making real estate more lucrative for non-resident Indians (NRIs), experts say. The rupee has hovered near 73 against the US dollar for the past one week. “The drop in rupee can be seen as an investment opportunity for individual buyers […]

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Rupee facing vulnerable pressure

The rupee, along with the Indonesian rupiah and Philippine peso, will continue to be the most vulnerable in Asia, said an ANZ Research note. “The INR (Indian rupee) is expected to continue to face depreciation pressures during the remainder of 2018, reflecting several factors, including further US Fed rate hikes, India’s widening current account deficit, […]

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India needs foreign investment to arrest rupee fluctuations

The rupee has fallen about nine percent so far in FY19 and has been one of the worst performing Asian currencies. Investors have been pulling out of emerging markets on the back of a stronger US economy. India needs foreign investment to arrest the free fall of Indian rupee that has hurt the economy. The […]

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Rupee value strengthened while crude oil drags the US dollar

This week forex market worked for three days only on the account of Id-E-Milad on Wednesday and Guru Nanak Jayanthi on Friday market declared as holidays. Since this month starting rupee strengthening against the US dollar, and second week also continues the rupee strength and stabled with good position, the main reason is crude oil […]

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