The Indian rupee is poised for further depreciation, with Barclays’ Mitul Kotecha projecting the dollar-rupee exchange rate to reach 87 by the end of the year. Speaking to CNBC-TV18, Kotecha noted ...
RBI’s currency inflexibility, in contrast to the flexibility of the CNY and the strengthening of the USD, makes it imperative for the RBI to allow for a higher currency depreciation and ease its ...
Benchmark equity indices Sensex and Nifty crashed 1.6 per cent on Monday due to an across-the-board selloff, as concerns over third-quarter earnings growth and the continued flight of foreign capital ...