Jamal Mecklai

Articles By Jamal Mecklai

85 Articles

Why 2017 will be more volatile than 2016

The most significant event in the Indian FX market in 2016 was RBI Governor Raghuram Rajan’s surprise decision to demit his office before his term was up.

Indian FX market in 2016, RBI Governor, demonetisation, Federal Reserves, notebandi News

With RBI independence coming into question, rupee volatility to rise further

RBI credibility coming into question will ensure that the decline will be sharper than in previous episodes

demonetisation, rbi demonetisation, demonetisation update, demonetiaion news, kyc account holders, demonetisation withdrawal limit, withdrawal limit reserve bank of india, reserve bank of india, financial express News

Cyrus Mistry vs Ratan Tata: The only solution is to break up Tata Sons

The tragic battle between Ratan Tata and Cyrus Mistry is destroying the soul of Tata Sons day by day.

Opinion News

The end of Donald Trump: Inside of 18 months, will either quit or be impeached

When he won the election in a landslide, his popularity was off the charts; like a fool, even I believed that since his clear dream was to be remembered as India’s greatest leader, he would have to do only the right things.

Opinion News

The future according to Donald Trump; growth and tax policy must be high on agenda

To kick-start growth, the US president-elect will immediately look to clean up the country’s tax policy

Opinion News

Oil price at $80? Possibility would lead to higher inflation, higher interest rates and a crash in equities

If oil prices were to rise sharply, it would come as a big surprise to the market, generating a sharp spike in volatility

Oil price at $80? Possibility would lead to higher inflation, higher interest rates and a crash in equities

How RBI can push rupee closer to a level that boosts growth

A couple of weeks ago, when there was a press story that the commerce minister was meeting with the finance minister to discuss devaluation of the rupee, my instinctive reaction was “Nonsense!” I was referring to the fact

Opinion News

Monetary policy committee: Has RBI independence been enhanced or has it been made pliant?

The setting up of the monetary policy committee last week creates a new framework from which to judge the independence of RBI from government pressure and interference.

Opinion News

Will policy of keeping rupee volatility low persist?

With a new governor at the helm, it remains to be seen whether the policy of keeping rupee volatility low will persist

Indian rupee vs US dollar News

Managing risk: Here’s how to handle foreign exchange exposure

Managing risk is widely acknowledged as one of the key aspects of running any business.

Opinion News

Is rupee volatility about to spike? Hard to see RBI MPC cutting rates

The volatility of the rupee has been subdued for some time now, with its long-term average hovering at a 10-year low of around 5%. Governor Rajan has made it clear that he believes keeping volatility low will...

Indian rupee vs US dollar News

Could Brexit be good for Europe?

Absent the UK’s continued negativity, it can work faster and more effectively towards a political union

Opinion News

The real lesson from Brexit

The danger is that while we may well see several waves of regime change in favour of demagogues, it is unlikely that any of them are really aware of or even interested in addressing the real issues

Brexit referendum News

Column: Letting Raghuram Rajan go is foolishness on part of govt; here’s why

Rajan will be a tough act to follow and the new Governor will need to define his/her position to the market

Opinion News

Column: Donald Trump becoming president would trigger new dimension of uncertainty

Where will the rupee be in January 2017 if the UK leaves the EU (Brexit, in common parlance) and Trump wins the US presidential election?

Opinion News

Will Narendra Modi pull out a bear hug for Donald Trump?

As President, Donald Trump may genuinely end up in service of the people, if he were to follow up on some (the only one) of his saner policies.

Donald Trump, Silicon Valley, Silicon Valley News, Donald Trump Silicon Valley News

Column: KYC for RBI

Most financial market models have been discarded in recent years; no reason why REER should be treated differently

Opinion News

Column: A new authoritarianism

Equity markets will suffer as the cycle against corruption accelerates

Column: A new authoritarianism

Column: The decline of capital

It is likely that markets will remain in high-alert jitters—there are any number of eminent triggers

Column: The decline of capital

Column: Oil at $5 a barrel

For crude to fall this low, the US must slip into a recession and China must stop growing

Column: Oil at $5 a barrel

Column: Pissin’ in the wind

RBI should allow the pressures on the rupee to be expressed instead of wasting its reserves

Column: Pissin’ in the wind

Column: Good luck, Governor Rajan

Increasing rupee volatility is assured and RBI must be on full-focus standby over the next few weeks

Column: Good luck, Governor Rajan

Column: Who’s left, what’s right?

The pendulum of change swinging too far to the right has brought us to where we are today.

Column: Who’s left, what’s right?

Column: Back to a better reality

When the Fed (and other central banks) returns to keeping its own counsel, we’ll move towards a better reality

US fed monetary policy News

Column: What can you do about the rupee?

If you are not consistently able to beat a 50% hedge, your hedge strategy needs modification

scoopwhoop News

Column: A quick fall for rupee, slow recovery

The worst case would be a crisis peak-to-trough drop of 17-18%

Column: A quick fall for rupee, slow recovery

Column: Yuan opportunity for India

RBI should take advantage of the window offered by the Chinese devaluation to cut rates by 0.25% immediately

china economy News