Tuesday, 24 May, 2022
TopicDollar

Topic: Dollar

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

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

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

Kartik Goyal -
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 surprises by holding interest rates and shifting to hawkish stance

Anirban Nag -
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

Satyajit Das -
The dollar allows the nation easily to finance its trade and budget deficits, other than protecting them against balance-of-payments crises.

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

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

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

ThePrint Team -
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.

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

Rahul Satija -
Fresh estimate comes amid fears the Indian currency may slip to a record low of 72 against the dollar before 2019.

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

Subhadip Sircar -
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.
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Opinion

Golden Temple

What Akal Takht must know about harmonium and music before banishing it from Golden Temple

Yashika Singla -
In an era where India’s past and ‘purity’ are constantly being dug up and debated, the humble harmonium has become the latest victim.
Galle Face Green the popular promenade in Sri Lanka’s capital Colombo has become ground zero for the protest against the Gotabaya Rajapaksa government. | Photo: Regina Mihindukulasuriya

Sri Lanka may be a teaser for a global default crisis

Protecting pilots’ mental health will keep us all safer.Photographer: Bruce Bennett/Getty Images North America

Mental health of pilots under scanner after plane crash in China

Economy

World’s $300 trillion in debt. Here’s what it means for services like health, education

Victoria Masterson -
To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

Boeing's F/A-18 Super Hornet pulls off its first successful launch from a ski-jump at Naval Air Station Patuxent River, US | Photo credit: Boeing

2 American Super Hornets in India as Boeing looks to showcase fighters for Navy deal

Snehesh Alex Philip -
Navy looking at about 26 multi-role deck-based fighters for its aircraft carrier. Visit by Super Hornets comes close on heels of similar trip by competitor Rafale M of Dassault Aviation.

National Interest

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

Shekhar Gupta -
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.

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