Founder - Burn Inves...ย โขย 8m
I think the RBI might consider another rate cut in the upcoming days to match growth. As for the stock market's fall, India needs three things: strong earnings, good GDP growth, and a strong rupee. Currently, market sentiment is shifting back towards China. If we don't find a solution quickly, there could be some problems.
Polymathย โขย 2m
๐ฏ๐จwhat did RBI DO For safeguarding RUPEE value during this scenario The rupee was weakening because many foreign investors were pulling money out of India. This happened due to concerns like rising US tariffs on Indian goods, slowing growth, and
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TODAY HEADLINESย โขย 1y
Rupee hits an all-time low of 84 against the US dollar: factors leading to the fall and the outlook Analysts said the rupee has not fallen below 84 as the RBI has been protecting the level for the last two months. On September 12, the local currenc
See MoreFounder - Burn Inves...ย โขย 10m
UBS has advised shorting the Indian rupee for now, which means FIIs may remain outside the Indian market for some time. Indian GDP growth is not looking impressive; at one point, China achieved over 10% GDP growth, while we have only managed to reach
See MoreFounder - Burn Inves...ย โขย 2m
The Indian rupee has slipped to a record low of 88 against the US dollar which is definitely not a positive sign since India is still a net importer bringing in far more than it exports this drop will have consequences for the market right now strong
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