Moneycontrol PRO
you are here: HomeNewsOpinion

Brace for more currency volatility

While low oil prices and expected portfolio inflows provide support for the rupee, this is all contingent on the coronavirus being contained in both India and abroad

March 04, 2020 / 11:26 AM IST
Brace for more currency volatility

Ordinarily, a rate cut by the US Federal Reserve would provide support to the Indian rupee as the rate differential widens between India and the US. However, after opening stronger from the 16-month low hit yesterday versus the US dollar, the local currency gave all its gains and weakened further in the first couple of hours of trading today. The uncertainty around coronavirus means that volatility is the order of the day in financial markets and across asset classes. What...

  • PRO Panorama

    Moneycontrol Pro Panorama | Who's afraid of the Fed's taper?

    Sep 23, 2021 / 05:03 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Zee’s screen test, Chart of the Day, the road to taper and lift-off, Evergrande and bad loans, and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers