Thursday, 27 January, 2022
TopicIndian Rupee

Topic: Indian Rupee

Rupee set to be worst Asia currency after global funds shun India

The currency declined 2.2% this quarter as global funds pulled Rs 30,000 crore of capital out of India's stock market, the most among regional markets where data is available.

As US Fed tapers bond purchases, India must avoid drastic policy responses to limit spillover

India was among the most affected countries when the Federal Reserve slowed down bond purchases in 2013, known as ‘taper tantrum’, which put pressure on the rupee.

Why RBI’s hoarding of forex reserves over currency concerns will be counter-productive

RBI’s dollar reserves now stand at $608 billion, making India the fifth-largest reserve holding country in the world.

Rupee goes from Asia’s best to worst-performing currency in 2 weeks amid Covid surge

Rising commodity prices may push the current-account into a deficit, while the RBI’s quantitative easing is seen adding to the liquidity glut, worsening the rupee’s woes.

Rupee could fall to Covid depth of 76.5/dollar by the end of the year, analyst says

The rupee has so far been a surprise winner this year as expectations of an economic recovery and a rare current-account surplus shielded it from impact of rising US yields.

Rs 2,000 notes not printed in 2 years, govt tells Lok Sabha

The RBI in 2019 said that 3,542.9 million notes of Rs 2,000 were printed during 2016-17, which reduced to 46.6 million notes in 2018-19, after which no notes were printed.

Prospects of a strong rupee face headwinds from RBI desire to hoard dollars

RBI Governor Shaktikanta Das said emerging markets need to build reserves as buffers against external shocks even at the risk of being added to US' watchlist for currency manipulation.

Why India wants a V-shaped economic recovery at any cost

Politicians will want their V-shaped recovery at any cost. How RBI manages their demands against threats to financial stability from cheap money is what matters.

Rupee strong from exports perspective, should depreciate a bit, says Raghuram Rajan

India needs to worry about medium-term growth trajectory and see if the current levels of demand are sustainable in future, the former RBI governor says at ASCENT eConclave 2020.

Why emerging markets like India are wary of using modern monetary theory to fix the economy

Emerging markets have reasons to be wary of MMT. While every country prints legal tender & collects taxes in its own currency, not all can borrow in them.

On Camera


Imran Khan, chairman of Pakistan Tehreek-e-Insaf, in Lahore | Asad Zaidi/Bloomberg

Imran Khan is losing the plot. Someone’s chair is about to be pulled again

There is ‘tamasha’ going on in Pakistan. And Imran Khan is having a visible meltdown, while Nawaz Sharif is bemoaning a dead leopard.
Representational image | Photo: Pixabay

India’s economic indicators flash early warning signs for rebound

While the needle on a dial measuring the so-called ‘Animal Spirits’ remained stable, top producers signaled weakness as 2021 wound down.


The photo of former PM Indira Gandhi with the three former service chiefs | Photo: Wikimedia Commons

‘Mystery’ brochure on 1971 War crops Indira Gandhi, Jagjivan Ram from images, courts controversy

Both images show the then service chiefs, but the former PM and defence minister is removed from them.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.