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Rupee’s advance seems to be causing some discomfort for RBI

The central bank has announced plans to hold a $5 billion foreign-exchange swap auction for a three-year tenor.
Indian currency

RBI is unlikely to change interest rate in monetary review on 5 December

Since the previous policy announcement, the rupee has appreciated against the US dollar and moved above the crucial mark of 70.
Indian rupee

Rupee to nosedive on rising oil prices & political uncertainty, says forecaster

With India importing 80 per cent of its oil needs, the rupee's weakness is also a reflection of the country's vulnerability to higher crude prices.
RBI Governor Urjit Patel

RBI surprises by holding interest rates and shifting to hawkish stance

The six-member monetary policy committee led by RBI Governor Urjit Patel voted 5-1 to keep the repurchase rate at 6.5 per cent.

How America has made a weapon of the dollar to stay put as economic superpower

The dollar allows the nation easily to finance its trade and budget deficits, other than protecting them against balance-of-payments crises.
The rupee hit a record low last Thursday to cross 69 to a dollar | Dhiraj Singh/Bloomberg

The rupee fell past 70/$ and recovered. But don’t take your seatbelts off just yet

Chaos in emerging markets threatens to take the rupee beyond 70.50 by year-end, and America’s Iran threat is making it worse.
Illustration by ThePrint team

Can India afford the rupee crossing the 70 mark or should the RBI boost the currency?

Currency experts say the rupee is expected to breach the 70-to-a-dollar mark in the next six to eight months. Experts weigh in.
According to the forecast, rupee will reach 67.5 per dollar by end of September and 67 by end of 2018 I Dhiraj Singh/Bloomberg

Looks like rupee will buck doomsday predictions, recover by year-end

Fresh estimate comes amid fears the Indian currency may slip to a record low of 72 against the dollar before 2019.
A bus conductor displays Indian bank rupee notes for a photograph in Coonoor

Rupee slips on crude price resurgence to hit all-time low against dollar

The currency slid 0.7% to as much as 69.0925 per dollar Thursday, past its previous record of 68.8650 reached in November 2016.

On Camera

Kanshiram (centre) along with the other founding members of BAMCEF in the 1970s | Facebook

Kanshi Ram matters in 2019 polls and why some think he deserves a Bharat Ratna

Kanshi Ram promised the lower castes that if they can organise themselves into a grand voting bloc, they will become the ruler of this country.
anil ambani

Anil Ambani pays up: Defaulting tycoons can no longer game the system or is it a one-off?

Anil Ambani Tuesday escaped a three-month prison term after his elder brother Mukesh Ambani agreed to repay money Reliance Communications owed to Ericsson’s local unit.


Mi-25 gunships | YouTube

Chopper delivery from India to Afghanistan delayed by a year, now likely in June

Questions are, however, being raised in Afghanistan on whether India will be able to deliver the Mi-25 gunship choppers as it heads into elections & amid tension with Pakistan.
Illustration by Soham Sen | ThePrint

China humiliated India because of these 5 fatal follies of Modi Doctrine

India looks less equal to China than 5 years ago, US alliance is hobbled by trade, and Pakistan looks anything but chastened by Balakot. What’s gone wrong?