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Coronavirus fears keep US dollar in high demand; rupee to remain unchanged
- February 10, 2020
- Posted by: Amit Pabari
- Category: Economy
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The US dollar has skyrocketed through a series of positive economic releases which have returned values in favour of the currency.
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Indian rupee may remain steady, RBI likely to maintain status quo
- February 6, 2020
- Posted by: Amit Pabari
- Category: Economy
With core CPI inflation still within the RBI’s band and below 4 percent, it is more likely that the central bank will continue to hold status quo in the upcoming meeting.
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Two sides of Budget 2020: What will drive the market?
- February 4, 2020
- Posted by: Amit Pabari
- Category: Market
Budget may have triggered one of the deepest declines in the Indian stock market but it has not done any damage to the bond market. Indian bond markets could be seen as attractive to foreign investors as the deficit was well managed at 3.5 percent by the government.
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Market awaits FOMC and Budget 2020, seeks clarity on economic health
- January 29, 2020
- Posted by: Amit Pabari
- Category: Market
When the world is “coronavited” and scrambling to contain the virus, investors are shifting their focus to the Federal Reserve’s monetary policy announcement due early Thursday morning and upcoming Union Budget.
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Stronger dollar taking a toll on its rivals
- January 28, 2020
- Posted by: Amit Pabari
- Category: Market
The USD is scraping the skies to pop up fresh highs as the rise for safe heaven increases after a viral breakout. Going forward, the US Fed prepares to hold their first policy meeting of the year on January 28 and 29, central bankers are sending clear signals that the monetary policy is in an ideal spot. Meanwhile, employers are still hiring, workers are still spending, unemployment is still low and inflation is still tame.
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Indian rupee is trying to swim before taking a dive
- January 23, 2020
- Posted by: Amit Pabari
- Category: Economy
The current situation suggests that the impact on the currency shall remain biased towards depreciation with a cap near 72.40 levels until March 2020.
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Budget, RBI policy to drive the theme for rupee; dollar to stay strong
- January 21, 2020
- Posted by: Amit Pabari
- Category: Economy
Due to an unexpected shortfall in revenue and higher spending, the fiscal deficit for the current financial year is likely to edge higher at 3.7-4 percent. However, the same is likely to slow down the capital flows into the country which could lead to the currency’s weakness towards 71.50 levels.
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Switching gears: How RBI’s dollar-buying programme affects Indian rupee
- January 17, 2020
- Posted by: Amit Pabari
- Category: Economy
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.
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.