History always repea... • 7m
🇮🇳 India's Joke of the Day: A calculation error crashed the stock market and the rupee exchange rate! 📉💸 Authorities reported a record trade deficit of $37.8 billion in November, triggering market panic. The rupee plummeted, and a sell-off hit t
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Bad News: Rupee falls to record low 83.60/$ Here are negative impacts of falling Rupee: 1) Increased Costs for Imports: Many Indian businesses rely on imported goods and raw materials. A weaker rupee means they will have to pay more for these impor
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RBI’s Record $77.5 Billion Short Positions: Impact on Rupee Liquidity and Forex Reserves The Reserve Bank of India (RBI) currently holds a record $77.5 billion in net short dollar positions, which could influence rupee liquidity and foreign exchange
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Rupee Performance: The Indian rupee is expected to remain defensive amid ongoing foreign portfolio outflows, despite a slight rise to 86.7125 against the U.S. dollar. The Reserve Bank of India's interventions have mitigated speculative pressure but h
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