Rupee hits another new low of 87.59 ahead of RBI's rate decision Friday
At the end of November, the Reserve Bank of India (RBI) had a $59 billion short position in the forward market ...
Expectations of a rate cut pull down dollar rupee forward premiums
RBI’s policymakers are widely expected to prioritise growth by reducing the policy repo rate by 25 basis points though it is ...
Scant relief for struggling rupee on more dollar long unwinding
The Indian rupee will likely not receive much of a boost on Thursday from the further unwinding of long dollar positions fuelled by the relief on the tariffs front.
Reuters on MSN9d
RBI's $17.39 bn cash infusion into banks raises hope for rate cuts
India’s central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond ...
Fortune India13d
How the fall in rupee could impact Indian companies
TCS and Infosys, which are both debt-free, will benefit from the weakening of the rupee because most of their revenue is in US dollars, says Moody’s.
India’s cash deficit eases after Central Bank opens fund tap
India's cash crunch has significantly reduced after the Reserve Bank of India implemented aggressive liquidity measures ...
India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
The Indian government has been steadily lowering its full-year real GDP forecasts, after the economic growth missed expectations by a large margin in the quarter ended September, when its grew by 5.4% ...
The Express Tribune on MSN12d
Cash in circulation reaches Rs9.4tr
Cash in Circulation (CiC) in Pakistan has reached a significant amount of approximately Rs9.4 trillion. This surge highlights growing liquidity in the economy, signalling an increase in demand for ...