Rupee falls to record low of 77.41 against US dollar
The rupee opened at 77.17 against the US dollar at the interbank foreign exchange.
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Russia-Ukraine war triggers war against dollar
Two-pronged transformations in the global financial system will result in swifter downfall of the dollar.
Rupee breaches 77 mark against dollar for first time
The Indian rupee tanked 84 paise to close at an all-time low of 77.01 against the US dollar
India to be the third largest economy by 2031: Report
According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%.
India’s foreign exchange reserves at lifetime high
The big question is how much more foreign exchange will the Reserve Bank of India buy, and why?
High crude oil price + weak rupee = Wider CAD
While hoping for no rate action from RBI, Ind-Ra expects a macroeconomic hotchpotch if these factors sustain beyond a quarter.
