Apr 03, 2021 01:05 PM IST
We see a limited downside in US real rates from current levels and therefore we see limited room for USD weakness overall. We expect the dollar to strengthen gradually, said Abhishek Goenka of IFA Global.
- 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.
- May 23, 2020 01:47 PM IST
We may see the range shift higher from 75.20-75.90 to 75.90-76.90 in the medium-term. In the absence of a steep USD up move globally, the central bank may continue to step in from time to time to keep volatility in check.
- Mar 21, 2020 10:18 AM IST
Technical factors suggest the current bullish momentum to continue targeting 76 plus levels. Currency depreciation pressure and falling crude oil price should bode well for rate cuts
- Jul 21, 2018 01:59 PM IST
The rupee touched a new all-time low of 69.13 against the dollar on Friday. The depreciation in the rupee has been on account of several factors.