Dec 19, 2014 at 12:25 | Source: CNBC-TV18
Willem Buiter of Citigroup believes India is back on the reforms path, he adds: "India did better in 2014 than 2013 and I expect that this momentum will be maintained. We've got very sound monetary and exchange rate management. We've got better fiscal management than we had."
Dec 18, 2014 at 14:19 | Source: CNBC-TV18
The recent run on Russian currency ruble has given birth to murmurs that Russia may default and that capital control is on the cards. Expressing his views on the subject, Rabo Bank's Piotr Matys explains why such a possibility is remote despite the fact that an emergency rate hike has done little to stop ruble's slide.
Dec 17, 2014 at 14:23 | Source: Reuters
The Russian currency has come under heavy selling pressure this week, forcing the central bank to hike its key interest rate by an unexpected 650 basis points, in an emergency move that did little to buttress the currency.
Dec 17, 2014 at 13:29 | Source: CNBC
The battered currency has continued in its downward spiral despite the Central Bank of Russia's (CBR) astonishing 650 basis-point rate hike late Monday.
Dec 17, 2014 at 08:30 | Source: CNBC-TV18
The currency hit 13-month lows and bonds plunged as markets in the region tumbled on fears about the global economy, raising doubts about whether India can afford to cut interest rates given risks that such a move could trigger foreign outflows.
Dec 16, 2014 at 20:11 | Source: CNBC-TV18
The currency market is not spooked by the Russian central bank move, which raised its key interest rate from 10.5% to 17%, resulting in the Russian rouble falling to 71/USD, but it is the unpredictability with respect to the rouble versus the dollar scenario that is also leading to rupee's fall, says Sanju Verma
Dec 16, 2014 at 13:36 | Source: CNBC
He attributed the decline to falling oil prices, which in turn affects industries such as fracking. Oil's slide also "determines currency movements," setting off a chain reaction.
Dec 08, 2014 at 11:09 | Source: Moneycontrol.com
From the intra-day perspective, Indian Rupee are expected to trade on a mixed note on the back of estimates of rate cuts by RBI in early 2015 along with upbeat market sentiments will act as a positive factor, says Angel Broking
Dec 03, 2014 at 10:19 | Source: Moneycontrol.com
According to Angel Broking, Indian Rupee are expected to trade on a mixed note on the back of upbeat market sentiments, estimates of rate cuts by RBI in early 2015 along with weakness in the DX will act as a positive factor.
Nov 26, 2014 at 10:26 | Source: Reuters
Nigeria's central bank devalued the naira by 8 percent and raised interest rates sharply on Tuesday.