STRONG CONSUMPTION AND IMPORTS TO PUT WEAKENING PRESSURE ON THE RUPEE
Rupee

STRONG CONSUMPTION AND IMPORTS TO PUT WEAKENING PRESSURE ON THE RUPEE

*There is a tolerance limit for forex reserves below $550 billion which the RBI will stay out of the forex market *RBI's foreign exchange reserves have declined in recent weeks ....

SHARP RATE HIKE CYCLE IN THE US WILL SUPPORT DOLLAR BULLS AGAINST RUPEE
Rupee

SHARP RATE HIKE CYCLE IN THE US WILL SUPPORT DOLLAR BULLS AGAINST RUPEE

*Rupee to rise to around 76-77 per dollar in the next three months *Currency trader will monitor along the Ukrainian border and their impact on commodity prices *Due to elect ....

ECONOMISTS EXPECT RUPEE TO TRADE WITHIN A 77 RANGE OVER 2022
Rupee

ECONOMISTS EXPECT RUPEE TO TRADE WITHIN A 77 RANGE OVER 2022

*Rupee weakness vs dollar to persist as market expectations of a Fed rate hike *Finance Ministry positives comments were the major ones to weigh on the Rupee While keepin ....

RUPEE SAW VERY THIN MOVES AFTER A RECENT DROP
Rupee

RUPEE SAW VERY THIN MOVES AFTER A RECENT DROP

*Rupee/Dollar bulls conquer the trend line resistance from early July *Foreign banks converting rupee into dollars and that were used to buy foreign sovereign debt Firmness ....

ASIA’S BEST PERFORMER RUPEE EXTENDING LOSSES FOUR-DAY STRAIGHT SESSION
Rupee

ASIA’S BEST PERFORMER RUPEE EXTENDING LOSSES FOUR-DAY STRAIGHT SESSION

*The USD/INR uptrend to be maintained this year *A 1% move in the exchange rate translates into a 15-basis point change in inflation After the rupee has benefiting from ste ....