Tag: rupee depreciation
Rupee headed to 100? How much the psychological red line matters
The International Monetary Fund (IMF) has said India is strong enough to withstand the pressure on rupee. An IMF spokesperson on Friday suggested the US…
India’s forex reserves fall $18.3 bn as RBI steps in to defend rupee
Kolkata: India’s foreign exchange reserves shaved off $18.343 billion in the week to September 25, making it the third weekly drop in a row after…
RBI’s success on dollar flows raises stakes in inflation fight & clamour for rate hike
Just months ago, India’s central bank pulled out all the stops to draw in dollars to bolster its foreign-exchange reserves and defend the rupee. The…
Government also worried about rupee depreciation, says Piyush Goyal
The Indian government understands investor worries over the depreciation of the rupee and the government is also worried about it, Piyush Goyal said on Tuesday….
Rupee, price tailwinds for Indian exporters may fade in H2FY27: Nuvama
New Delhi [India]: Indian exporters could see some of the revenue tailwinds from rupee depreciation and elevated prices fade in the second half of FY27,…
India’s economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Ind-Ra
India Ratings and Research (Ind-Ra) on Tuesday projected India’s economic growth to moderate to 6.8% in the current financial year, down from 7.6% in FY26,…
RBI may stay nimble on rates as growth is seen slowing to 6.6%: Report
New Delhi: Reserve Bank of India’s (RBI) may remain flexible on policy rates in the next Monetary Policy Committee (MPC) meet as growth is expected…
RBI faces $100 billion challenge after record currency defense
Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a persistently weak rupee. It now…
RBI’s reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on hold
New Delhi: The Reserve Bank of India‘s announcements after the monetary policy committee meeting are some measures aimed at flipping the rupee narrative from depreciation…
Finance ministry economic review: Lithe policy, inflation check to keep growth healthy
New Delhi: India must maintain policy agility to safeguard its growth and keep inflation in check amid the West Asia war, the finance ministry said…