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Switching gears: How RBI’s dollar-buying programme affects Indian rupee
- January 17, 2020
- Posted by: Amit Pabari
- Category: Economy
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The dollar buying programme by the Reserve Bank of India has become a talk of the town of late. But was it the same case in the preceding years? Let’s have a look at how the RBI intervened in the dollar for the past three years.
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Gold prices in 2020: What will drive the yellow metal this year
- January 3, 2020
- Posted by: Amit Pabari
- Category: Market
After a bull grip in 2019, gold prices in the first two days of the new year has been steady. In last year, the yellow metal had given more than 18 percent return.
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Where is the Indian rupee headed? Find out here
- December 31, 2019
- Posted by: Amit Pabari
- Category: Economy
Globally, emerging market currencies have been on a rollercoaster rise driven by the US-Sino drama. As we glance through 2019, most of the Asian currencies had depreciated against the dollar.
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RBI’s Operation Twist: What will be its impact on rupee and retail loans?
- December 27, 2019
- Posted by: Amit Pabari
- Category: Finance
From forex swaps instead of its traditional bond purchases to embracing an ‘Operation Twist’, the RBI is pushing the boundaries of conventional central bank policy to improve rate transmission, spur credit to the economy and keeping rupee stable.
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US-China deal and Brexit are over, so what’s next for currencies?
- December 23, 2019
- Posted by: Amit Pabari
- Category: Market
The markets are now in a relaxed mode, done and dusted by the most awaited completion of ‘phase one’ of US-China trade deal and completion of dollar inflows from Arcelor Mittal takeover deal. For 15 days, the rupee has been trading in a thin range of 70.50-71.30 levels.
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Will bears take over bulls for the rupee or is it going to be a tug of war?
- December 19, 2019
- Posted by: Amit Pabari
- Category: Economics
Globally, the rise in uncertainty around the world in the past two years has been increasing demand for safe havens such as the US dollar, US Treasury bonds, and Gold.
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Indian rupee will see selling pressures between 71.10 and 71.30 per dollar
- December 16, 2019
- Posted by: Amit Pabari
- Category: Market
After a cheerful weekend following the Asian peers, the Indian rupee retreated back in its comfort zone near 70.80 levels from the recent highs. As the markets are nearing much awaited Christmas holidays, volatility shall dry up as traders shall be closing their trading books and heading to party.
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US Fed and ECB meetings will decide how the rupee acts and RBI reacts
- December 11, 2019
- Posted by: Amit Pabari
- Category: Market
Markets are in a pause mode, waiting for the storm to hit once again. Approaching year end, liquidity tends to dry up as market participation by traders drops. Because of this fall in trading volumes, there could be more than usual volatility if any of the scheduled events affect prices in a negative way.
Mr. Paresh Nayar
President and Head Advisory at CR Forex
Paresh Nayar, President and Head Advisory at CR Forex, he brings 30 years of banking experience in Global Markets and Treasury with Mathematics Hons., Delhi University, CAIIB and Certificate in International Bank Finance from City University Business School, London. Worked with Foreign, Private Sector and Public Sector banks in India and London.
He has his strong expertise in FX, Govt. and Corporate Bonds in India and Foreign Portfolio books, Money Markets, Asset Liability Management, RBI regulations related to markets, Derivatives in FX and Interest rates, Hedging solutions to corporates in various currencies USD, G4, ZAR and selective African pairs. Part of critical regulatory committees such as credit, ALCO, IT, risk and strategic.
Client interactions with corporates on funding solutions raised as External Commercial Borrowings, and hedging the same with Currency Swaps, Interest Rate Swaps and Options. Reduction in cost and manage risk across the markets.
Mr. Amit Pabari
Managing Director and Founder at CR Forex
Mr Amit Pabari is Managing Director and founder of CR Forex, where he is primarily responsible for strategizing various treasury risk management programs for corporate clients at CR Forex. He holds FRM (GARP US), CFA and Masters in Finance from ICFAI. He is Involved with the research and prudent management of market risk which is Inclusive of foreign exchange and interest rate risk. With more than 15 years of experience offering a unique blend of markets understanding, Strategizing and Forex risk mitigating, his approach to the subject is complete and effective. Within a short course of time, he is advising large corporate treasuries, transacting multi-billion $ realm volume, in areas of currency & banking cost reduction and setting up of best treasury practices. His presence on various media platforms like CNBC, Financial Express, NDTV Profit, Live-mint and more, has facilitated him to add value to mass readers where he shares his opinions and views. He brings to the table knowledge and expertise converged from working with various banks and financial service firms. Previously, he was employed with a leading Forex consultant for advisory to the corporate clients, evaluation of risk management policies, banking consulting etc. With the wide experience in the treasury and risk management, Mr Amit has been successful in adding values to the clients.
Mrs. Rina Pabari
Co-Founder and Director at CR Forex
Rina Pabari, Co-Founder and Director at CR Forex Advisors, is a qualified Chartered Accountant having a cumulative experience of over 15 years in the field of finance. Being a full time Director, she has a multi-faceted background that encompasses handling of colossal Forex volumes, structuring and strategizing a floor to top treasury process right from inception to execution and consulting on the banking and treasury aspects for large and MSME corporates.
Having an eye of an eagle in business analytics, with her thorough understanding of markets and its impact on clients business, she has been successfully in protecting paper thin margins for corporates against vicious market moves and continues to lay out substantial value addition for over the years. She has also been involved in the formation, implementation and compliance of Risk management policies. Apart from Treasury, she has also hands-on knowhow in establishment of debt facilities for corporates, legal documentation including handling due diligence and negotiations etc. Client reviews to evaluate performance and recommend solutions based on clients risk tolerance, time horizon, and business needs has helped companies obtain 300+ clients via recommendations and relationship building with both high net worth corporates as well as those just starting out.