Rupee Set For Worst Monthly Loss In 6 Years
Business | Kartik Goyal and Subhadip Sircar, Bloomberg | Wednesday August 28, 2019
Weak fundamentals aside, the currency is also in a seasonally weak month. The rupee has slid an average 2.3 per cent in August over the past nine years, data compiled by Bloomberg show. Yet this time, the losses are much larger than usual and have erased gains accumulated in June and July.
Government's Record Debt Sales Before Polls May Pressure Bonds
Business | Kartik Goyal and Subhadip Sircar, Bloomberg | Monday January 28, 2019
Investors have turned skittish about the health of India's finances amid signs that the government is ready to sacrifice fiscal discipline as it weighs an aid package to appease farmers, a key voting block.
Rupee Fall Has A Surprising New Reason: Not Oil, But RBI
Business | Kartik Goyal and Subhadip Sircar, Bloomberg | Wednesday October 10, 2018
Reserve Bank of India Governor Urjit Patel's comments Friday that the rupee's drop is moderate in comparison to emerging market peers and that the central bank doesn't have any target in mind unnerved investors who were expecting the authority to boost its defense of Asia's worst-performing major currency.
Rupee Set For Best March Quarter Since 1975 As Foreigners Pour $12 Billion
Business | Kartik Goyal and Subhadip Sircar, Bloomberg | Friday March 31, 2017
The rupee climbed 0.2 percent to 64.8175 per dollar in Mumbai Friday, taking its gain this month to 2.9 percent. The three-month advance is the biggest for any quarter since the period ended September 2012.
Rupee Set For Worst Monthly Loss In 6 Years
Business | Kartik Goyal and Subhadip Sircar, Bloomberg | Wednesday August 28, 2019
Weak fundamentals aside, the currency is also in a seasonally weak month. The rupee has slid an average 2.3 per cent in August over the past nine years, data compiled by Bloomberg show. Yet this time, the losses are much larger than usual and have erased gains accumulated in June and July.
Government's Record Debt Sales Before Polls May Pressure Bonds
Business | Kartik Goyal and Subhadip Sircar, Bloomberg | Monday January 28, 2019
Investors have turned skittish about the health of India's finances amid signs that the government is ready to sacrifice fiscal discipline as it weighs an aid package to appease farmers, a key voting block.
Rupee Fall Has A Surprising New Reason: Not Oil, But RBI
Business | Kartik Goyal and Subhadip Sircar, Bloomberg | Wednesday October 10, 2018
Reserve Bank of India Governor Urjit Patel's comments Friday that the rupee's drop is moderate in comparison to emerging market peers and that the central bank doesn't have any target in mind unnerved investors who were expecting the authority to boost its defense of Asia's worst-performing major currency.
Rupee Set For Best March Quarter Since 1975 As Foreigners Pour $12 Billion
Business | Kartik Goyal and Subhadip Sircar, Bloomberg | Friday March 31, 2017
The rupee climbed 0.2 percent to 64.8175 per dollar in Mumbai Friday, taking its gain this month to 2.9 percent. The three-month advance is the biggest for any quarter since the period ended September 2012.
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