Tag: rupee outlook

rupee fall: Next pain point for rupee is $79 billion of unhedged debt

rupee fall: Next pain point for rupee is $79 billion of unhedged debt

Indian companies are rushing to hedge their overseas dollar debt against further declines in the rupee, a process that threatens to cascade into addit [...]
India’s forex reserves decline to $601 billion after two consecutive weekly rise

India’s forex reserves decline to $601 billion after two consecutive weekly rise

Data given by RBI showed that India's total forex reserves stood at $601.057 billion in the week ending June 3, 2022, down by $306 million c [...]
Big forex kitty, solid FDI pipeline should shield rupee: Economists

Big forex kitty, solid FDI pipeline should shield rupee: Economists

NEW DELHI: The Reserve Bank of India, it seems, just cannot catch a break. Just when the consumer price index-based inflation was showing signs of [...]
Rupee more likely to be much less unstable this week; 73.40 extraordinarily essential assist for USDINR

Rupee more likely to be much less unstable this week; 73.40 extraordinarily essential assist for USDINR

The Indian rupee had a lukewarm begin within the vacation shortened week, however thereafter weakened to 73.94 degree. The explanation might be a s [...]
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