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View: RBI will adopt ‘wait and watch’ approach before raising repo rate
- April 6, 2021
- Posted by: Amit Pabari
- Category: Economy
No CommentsThe Reserve bank of India in its first bi-monthly monetary policy in the financial year 2021-22 is expected to keep interest rates (repo rate) on hold at 4 percent on April 7, 2021.
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Why it is going to be tricky to trade in rupee-dollar pair
- February 28, 2020
- Posted by: Amit Pabari
- Category: Economy
The rupee has remained resilient and volatility on the currency remains quite low as reflected on the extent of global risk-off.
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Coronavirus impact on Asian currencies: What’s next for Indian rupee?
- February 25, 2020
- Posted by: Amit Pabari
- Category: Economy
Despite many adverse factors in the overseas markets, the rupee showed no significant negative impact until last week. However, things changed when the spread of the coronavirus beyond mainland China into some Asian countries has significantly weakened the Asian currencies against the dollar.
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Dollar swims, euro sinks as rupee stays afloat with RBI peddling
- February 17, 2020
- Posted by: Amit Pabari
- Category: Economy
It looks like the apex bank is hoarding reserves as prevention to any upcoming headwinds which will then be used as a ‘Brahmastra’ to protect the exchange rate from any severe attack arising out of geopolitical calamities.
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Is rupee’s silence hinting at an upcoming storm?
- February 15, 2020
- Posted by: Amit Pabari
- Category: Economy
The rupee is stuck between two giants keeping it vulnerable — central bank on bid and market on offer. Let’s see who blinks first.
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Markets stay calm amid coronavirus concerns as attention shifts to Fed chief Jerome Powell
- February 13, 2020
- Posted by: Amit Pabari
- Category: Economy
The range of rupee is getting narrower with each passing day with volatility drying up to its lowest in the last couple of months.
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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
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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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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