How fares the rupee?
But there is more to the rupee slide than our own economic managers’ irrationality, even though irrelevant politics and imprudent economics have played no small part. The dollar ... management are areas where much still needs to be done.
US Dollar to Indian Rupee (USD/INR) Exchange Rate Resilience Forecast, GBP/INR Trending Lower
A lack of economic data for India and month-end demand for Dollars among importers was keeping the Rupee fairly static against its US rival for much of the local session ... and could climb notably higher if today’s US data matches or exceeds estimates.
Rupee Should Depreciate to 70 a Dollar: AV Rajwade
The Indian rupee touched ... that servicing a dollar debt is cheaper than servicing a rupee debt. Mr Rajwade says India's net external debt as a percentage of GDP which is at 18 per cent of GDP, one of the highest in the world today.
How the mighty dollar weakens the rupee
... takes the ‘value’ from the rupee away and transfers it to the US dollar (think petro-dollar). The rupee becomes like gold on the Treasure Island – not much left to be bought with. A pretty sad thought that the very country that grows the best ...
IT stocks gain as much as 4 per cent on weak rupee
MUMBAI: IT stocks, led by Infosys, today gained as much as 4 per cent amid weakness in the rupee against the dollar as the stronger US currency boosts the sales of software firms in rupee terms. Shares of Infosys rose by 3.66 per cent, while Wipro stock ...