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Saturday, November 2, 2024
TopicRupees

Topic: Rupees

Rupee to hover near weaker side of 81/dollar, bond yields await RBI’s monetary policy decision

The rupee ended last week at 81.3175 per dollar but underperformed its Asian peers due to strong demand for the greenback from corporates.

Indian rupee’s recovery narrows onshore-offshore differential

By Nimesh Vora MUMBAI (Reuters) - The difference between the USD/INR onshore and the non-deliverable forward rates has narrowed on the back of the Indian rupee's rally to its highest in seven weeks.

To curb rupee’s decline, RBI asks local banks to not build positions in offshore markets

This is a step back from the directions it issued in 2020, when it allowed banks operating from the International Financial Services Centre Banking Units to trade in the NDF segment.

Sinking rupee is hurting Indian firms that haven’t hedged their foreign debt

As rupee slides, unhedged firms that swapped overseas debt into local currency and don’t have foreign-currency revenues face higher repayment costs.

On Camera

Bibek Debroy was an ‘Acharya’ in India’s intellectual history

In the centuries to come, economist Bibek Debroy's Mahabharata will attain the importance we attach to the texts of Shankara, Ramanuja, and Madhvacharya.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.