IndianRupee

New RBI Chief Confronts Urgent Pressure to Liberate Rupee in Face of Dollar Surge

3 months ago

As the Reserve Bank of India (RBI) welcomes its new leadership, the incoming governor is already facing intense scrutiny regarding the Indian rupee’s performance against the US dollar. A series of calls from economists and market analysts have been made, urging the RBI to adopt policies that would allow the rupee to float more freely amidst a strengthening dollar.

Former RBI Governor Urges Greater Rupee Volatility to Bolster India's Economic Resilience

3 months ago

In a recent commentary, a former governor of the Reserve Bank of India (RBI) has called for a more flexible approach to the Indian rupee, advocating for increased volatility in the currency to enhance the country's economic resilience against global economic fluctuations. This insight comes amid ongoing discussions about the best monetary policies for a rapidly evolving financial landscape.

India's Foreign Exchange Reserves Drop for Fifth Consecutive Week: A Sign of Market Intervention?

5 months ago

In an ongoing trend that is grabbing attention from financial analysts and policymakers alike, India’s foreign exchange reserves have experienced a notable decline for the fifth consecutive week. As reported, the reserves dropped to approximately $597.7 billion, reflecting a decrease that raises concerns about potential government interventions in the currency markets. This alarming trend reflects pressures stemming from various global economic challenges.