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Mar 02, 2021 07:55 AM IST The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency.
Mar 01, 2021 02:39 PM IST In the initial years, the notes and coins were backed by the commodities such as gold, silver etc. This meant that volume and value of currency circulated were based on the value of gold/silver reserves held by the authorities which were mainly central banks
Feb 24, 2021 02:39 PM IST The Indian subcontinent had multiple kingdoms issuing multiple forms of coinage. When the British came to India, they realised that Rupee as a currency name was widely prevalent and stuck to it
Dec 21, 2020 03:44 PM IST To just say 2020 has been an eventful year would be an understatement. The COVID-19 Pandemic has hit the world hard, pushing it into a pause mode. The economy came under pressure and investors were perplexed. However several asset classes climbed the walls of worry making investors wealthier. In this edition of 3-Point analysis, we find out how various asset classes performed in 2020.
Jul 12, 2020 08:18 AM IST Foreign exchange reserves have risen by $50 billion since the beginning of the year, despite a net ~ $14 billion outflow from domestic equity and debt markets in the same period.
Jul 11, 2020 08:40 AM IST We follow a tactical asset allocation approach in which we are not exposed to a single market or a single currency or a single asset we diversify to the best opportunities available at that point in time.
Jul 10, 2020 01:05 PM IST India is a major beneficiary of improved global liquidity on lower crude prices. Cheaper crude is a big positive for the Indian economy in such trying times.
Jun 14, 2020 12:44 PM IST Profit can be booked in this strategy if the currency pair trades above 76.85 anytime during the week.
Jun 07, 2020 10:05 AM IST Looking at the overall market structure, it is evident that sideways movement is likely to continue in the currency pair.
May 27, 2020 01:14 PM IST When rate cuts fail to bring down the entire yield curve the policy decision needs to front-load ammunition to achieve the desired goals. Monetary policy has to shift to principles of inclusion and not selectivity.
May 24, 2020 03:25 PM IST Sri Lankan President Gotabaya Rajapaksa has requested India to provide a special USD 1.1 billion currency swap facility to boost the country's draining foreign exchange reserves
May 07, 2020 08:56 AM IST Part of the fiscal deficit should be monetized as a one-off measure
Apr 20, 2020 03:15 PM IST During the session, the rupee witnessed high volatility and touched a high of 76.43 and a low of 76.68 against the US dollar.
Mar 09, 2020 12:40 PM IST As long as further new cases are not reported the sentiment should be stable. This could be a positive for the rupee.
Feb 28, 2020 09:26 AM IST Earlier instances show that the correction from such emergencies is sharp and short, but this time the virus seems much more contagious and has spread rapidly across the globe
Jan 27, 2020 09:04 AM IST Japan's currency, often sought as a safe-haven in times of uncertainty, rose to the highest in almost three weeks versus the dollar, while the Chinese yuan fell to its lowest since January 8
Dec 03, 2019 06:20 PM IST The annual Traders Carnival is being held in Coimbatore and will capture the changing market dynamics. Live trading, expiry day trading, currency and commodity traders will be showcasing their skills.
Nov 14, 2019 06:23 PM IST A day after plunging below the psychological 72-level in over two months, the domestic currency opened on a positive note. As forex market participants weighed a range of macroeconomic factors posing challenges, the Indian currency turned volatile traded in the range of 71.85 to 72.24 to the US dollar.
Nov 06, 2019 07:56 AM IST About 6 trillion yuan of cross-border yuan payment was for securities investment, thanks to China's accelerated opening of its capital markets, Huo Yingli, director of macroprudential policy bureau at the People's Bank of China told a conference in Shanghai.
Oct 22, 2019 09:12 AM IST On technical charts, USD-INR October futures has given an upward break of descending channel and right now trading with rising channel indicating short term uptrend.
Oct 11, 2019 09:09 AM IST The dollar slid to two-week lows on Thursday, with safe-haven demand for the currency waning.
Sep 02, 2019 03:16 PM IST USD/INR is likely to trade in the range of 71.1 to 72 in an upcoming week and traders can form short strangle and go short in 72 CE and 71 PE at 0.065 and 0.0875 respectively of 6th Sep contract to gain the Theta.
Sep 02, 2019 01:26 PM IST With US markets shut for a holiday on September 2, though, investors remained on the sidelines while looking to see what expansionary policies the European Central Bank and the US Federal Reserve could unveil this month.
Aug 27, 2019 11:59 AM IST The level of 72.90 is a crucial resistance for the USD/INR pair, break of which could push it to a new all-time high.
Aug 23, 2019 08:22 PM IST Sakshi Batra does 3-Point Analysis of the rupee’s fall and how investors can benefit from this downslide of the Indian currency.
