The Indian #rupee has moved in an "orderly" fashion against the dollar so far in this financial year and is reflecting global and domestic fundamentals, the RBI Governor #ShaktikantaDas said.
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Moneycontrol
Rupee movement βorderlyβ in FY23 so far, reflects fundamentals: RBI Governor Das
The RBIβs endeavour has been to anchor expectations and allow the exchange rate to reflect the fundamentals rather than overshoot, Shaktikanta Das said
#RupeeVsDollar | Should you be worried about the fall of the #Rupee? π
Indian Rupee is not the only currency that has depreciated in 2022. Many other currencies are falling with respect to the #Dollar & by much more.
Take a look at other depreciating currencies π
Indian Rupee is not the only currency that has depreciated in 2022. Many other currencies are falling with respect to the #Dollar & by much more.
Take a look at other depreciating currencies π
The Indian #rupee hits a major fall against the #dollar. FII being the largest group of investors in the Indian #StockMarket may lead to rupee appreciation with its #investment and depreciation with its selling.
Does it actually affect the #EquityMarket? π€
πΉ Watch the video to know π
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Does it actually affect the #EquityMarket? π€
πΉ Watch the video to know π
https://www.youtube.com/watch?v=SjrkQ8Hqeug
#MarketsWIthMC: The #rupee weakened further to a fresh record low of 82.70 against the dollar on Monday, tracking losses in emerging markets on anticipation of aggressive tightening by the #US Federal Reserve.
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Moneycontrol
Rupee weakens to record low of 82.70 a dollar on Emerging Market losses, Fed fears
The 10-year bond yields rose for seven out of eight sessions, trading at 7.483 percent, up 3 basis points from its previous close of 7.455 percent
#MCProOpinion: An increase in bond yields will not only push up borrowing costs but also shift expected #equity returns higher. A weak #rupee adds to the worry.
What should traders do in a volatile #market like this one? Read to know π
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What should traders do in a volatile #market like this one? Read to know π
https://bit.ly/3Mk2GoZ
Moneycontrol
Are money markets sending out distress smoke signals?
A sharp jump in long term benchmark yields marks a sign of stress. Expected equity returns will increase and borrowing costs will also increase. A weaker rupee makes matters worse. Thereβs a message here for traders
The fall in the #rupeeβs exchange rate against the US #dollar is not concerning for India from a macroeconomic perspective due to the lower pass-through to #inflation and lower amount of foreign currency debt, Capital Economics has said.
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Read at π
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Moneycontrol
Sliding rupee to have limited macro fallout: Capital Economics
The research house, however, expects the rupee to continue depreciating to around 85 to a dollar by the middle of 2023
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#NewsAlert π¨ Banks looking at possibility of #rupee trade with Bangladesh, African nations
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The #Rupee is only partially convertible as it is not freely allowed to flow across borders, making it difficult to use it for investments abroad.
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Read Here ππ»
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#RupeeVsDollar | Indian rupee opened marginally lower at 82.25 per dollar on Wednesday against previous close of 82.19.
#Rupee #Dollar #MarketsWithMC
#Rupee #Dollar #MarketsWithMC
#RupeeVsDollar | Indian rupee ended higher at 81.89 per dollar against previous close of 82.
#Rupee #Dollar #MarketsWithMC
#Rupee #Dollar #MarketsWithMC
#MCExplains π‘ The dollar-#rupee onshore forward premiums have seen a steady fall in the last month as the #InterestRate differential between the #US & #India has narrowed.
Read to understand how forward premium rates work π
https://bit.ly/41H1p1G
Read to understand how forward premium rates work π
https://bit.ly/41H1p1G
#RupeeVsDollar | Indian rupee closed 23 paise lower at 82.74 per dollar versus previous close of 82.51
#Markets #Dollar #Rupee #MarketUpdate
#Markets #Dollar #Rupee #MarketUpdate
#MarketsWithMC | The Indian #rupee erased all its morning gains and closed weaker amid importers' demand for the #USDollar, analysts said.
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Read β¬οΈ
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#RupeeVsDollar | Indian #rupee opened flat at 83.02 per #dollar on Wednesday versus Tuesday's close of 83.03
#RupeeVsDollar | Indian rupee ended higher at 83.18 per dollar versus Tuesday's close of 83.25.
#Rupee #Dollar
#Rupee #Dollar
#RupeeVsDollar | Indian #rupee opened marginally lower at 83.17 per #dollar on Monday against Friday's close of 83.12