As sanctions cut off major Russian banks from much of the West’s payment systems, finding ways to pay for the crude India imports from Russia has become a challenge. India has emerged as a major buyer...
It is commonly known that the dollar, the pound, the euro, and the yen dominate the world’s trade invoicing currencies. Regardless of origin and destination, exports and imports of nations frequently use these currencies, with...
After seeing its pre-weekend gains pared yesterday, partly due to some disappointing data, the US bounced back today. It is posting broad gains, and the euro has been sold through last week’s lows. Among the...
The two recent market developments, push lower in stocks, and higher in the dollar is continuing. Tuesday’s gains in the S&P 500 and NASDAQ were unwound on Wednesday and this is helping drag global markets...
It appears after a few days of miscues, US officials struck the right chord, and the global capital markets seemed to stabilize shortly after the US session ended. President Trump’s press conference today is expected...
Investors seem to be catching their collective breath today, and the global capital markets are consolidating recent moves. A notable exception is the Chinese yuan, which has continued to strengthen, and the dollar has slipped...
In terms of postulates of both Purchasing Power Parity Theory and Portfolio Balance Theory of the exchange rate, the domestic currency is expected to have a depreciating bias. India with a higher rate of inflation...
Market trading pushed the dollar to a near 14-year high compared to the euro, Turkish lira, and other currencies on Tuesday. The reason: Investors expect a surge of investment in the US under a Trump...
Manmohan Singh is a man of history today; but for a long time he was in the centre of economic policy making. When she was Prime Minister, Indira Gandhi had once told him to control...
The Indian Rupee has depreciated more than 20% over the last three months. Has this got more room to go? We try to answer this question by analysing FII portfolio flows into the country, mainly...
The Indian Economy is gradually sliding into an economic crisis. Here we discuss some measures which could lead to revival of the Indian Economy. These can’t be considered to be a complete list of reforms...