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Despite the difficult current account situation, the rupee could be turning around for more than just a few months, with…
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The rupee does march more to its own tune, but the off-dollar forces continue to appear positive for it.
Even if US rates continue to climb—say, towards and, perhaps, beyond 4.5% or 5%—it is no guarantee that the dollar…
While things will certainly remain difficult, the market trauma won’t be as bad. Back in 2008, the entire financial system…
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Treasury corporate desks are trained to maximise revenue; banks overcharging customers is nothing new. The Reserve Bank has long been…
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We can remain assured that RBI will remain fully engaged in the battle, and be willing to spend another $20…
Many analysts believe that the Fed may not have to raise rates too much since the recession that is triggered…
Another point on the reserves is that they comprise FCA plus about $40 billion of gold, about $18 billion of…
Last Friday, they increased the import duties on gold and imposed an export tax on petroleum products; there was an…
That may surprise the market enough to give the rupee some breathing room and a little upward momentum, even if…
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