RBI's measures buys time for government to get its act together
Rupee yesterday had collapsed to a lifetime low of 68.85 against the dollar, however it recovered today to 67.10
Suggests portfolio rebalancing among foreign investors
The 8.20% government security maturing in 2025 fell to Rs 92.25 from 93.50, while its yield gained 9.28% from 9.10%
REER indicates currency is undervalued, but overshooting to continue till growth revives, capital flows pick up
An assault on the key 70 level appears imminent as intervention from the central bank only gave the rupee a brief respite
An unusual and non serious look at ways to save the rupee
Against the most prominent foreign currency US dollar, the rupee has fallen to a record low of Rs 68.75
The currency has fallen around 19% so far this year
Govt considering currency swaps with other countries
The Indian currency declined amid weak local equities and demand for the dollar from importers and banks
Rupee has depreciated by over 21% against the pound in the past three months
Says it is important to push up domestic exports but duties should be compliant with WTO rules
RBI expected to intervene later during the day
Brace for another week of volatility and weakness
Research reports say insurance agents are likely to sell you unsuitable products. So, you should know your requirements and premium paying ability
Rise in reserves was due to increase in foreign currency assets which are substantial part of reserves
Reserves had risen $1.43 billion to $278.6 billion in the previous reporting week