Here's How the Global Economic Headwinds are Impacting India
The global economy is facing headwinds beyond its control. This poses serious challenges for India
Source: businesstoday.in
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Rupee to remain under pressure; may settle at around 79-80 vs dollar in near term: Experts
An article published in the RBI's latest bulletin has cautioned that in case of an adverse global scenario, potential portfolio outflows can average up to 3.2 per cent of GDP or USD 100 billion (Rs 7.8 lakh crore) in a year.
Source: businesstoday.in
Rupee to remain under pressure; may settle at around 79-80/USD in near term: Experts
India's rupee is likely to remain under pressure due to high prices of crude oil and other commodities, and may stabilise at around 79-80 against the US dollar in the near term, say experts amid limited headroom available with the Reserve Bank to check the weakening of the domestic currency. The
Source: dailypioneer.com
Rupee Takes A Breather, After Ending At Record Lows For Two Days In A Row
The rupee recouped losses early on Friday, after closing at its all-time low of 78.32 against the dollar in the previous two sessions.
Source: ndtv.com
Rupee - Fall in onshore forward premiums could push rupee even lower
The one-year annualised forward premium stood at 2.91 per cent at 0830 GMT compared with its close of 2.82 per cent on Wednesday
Source: telegraphindia.com