With cooling oil prices and a weaker dollar, the RBI is better positioned to cut rates—both in April and potentially through the rest of the year
The NAV of India Dedicated Midcap funds has fallen below the one-year average for the first time since March 2022
Retreating oil prices, treasury yields, and dollar rates will make foreign institutional investors return to Indian markets, Mark Matthews, head of research-Asia, Juluis Baer Group, has said
The US dollar index has fallen around 1 percent since March 17. According to Bloomberg data, the index, which was trading at 104.42 on March 17, fell to 103.38 on March 21
Lagarde's comments implied an increase of at least 50 basis points to the ECB deposit rate and kept speculation alive of bigger rate hikes this summer to fight record-high inflation, partly due to rising energy prices over Russia's war against Ukraine as well as massive public-sector stimulus the pandemic.
The appreciation of rupee could continue in the short term, but in the long-term, experts feel that the rupee will weaken against the USD.
Scripting its second biggest single-day gain this year, the rupee today zoomed by 37 paise to close at a fresh 17-month high of 65.04 on the back of panic dollar selling by speculative traders and exporters.
The rupee gained further ground against the US dollar to end at a nearly 17-month high of 65.30 in a fairly volatile trading on increased selling of the American currency by exporters and banks.
The Dollar index, a measure of the value of the US dollar relative to a bunch of major global currencies, has generally shown an inverse correlation with the India equity indices – in other words, if it rises, Indian shares fall, and vice versa.
Speaking to CNBC-TV18 Laurence Balanco of CLSA said that India and Philippines are among the better Asian markets that are immune to shocks arising from Brexit. Neither of these markets will retest their January lows, he said.
According to Angel Broking, Rupee is likely to depreciate as demand for safe - haven DX will rise as Britains have voted to leave the European Union which has created uncertainty in the markets.
According to Angel Broking, Rupee is likely to trade sideways to lower as upcoming EU referendum will boost the demand for safe - haven DX. This will act as a negative factor for the Rupee.
According to Angel Broking, Rupee is likely to trade negative as recent lows in the DX will boost its demand which in turn will keep the Indian Rupee a bit pressurized today.
According to Angel Broking, Rupee is likely to trade negative as recent lows in the DX will boost its demand which in turn will keep the Indian Rupee a bit pressurized today.
According to Angel Broking, Rupee is likely to trade positive as recent weakness in the DX af ter the dovish speech by the US Federal Reserve Chairwoman who hinted that recent weak US jobs data and uncertainty surrounding Brexit will keep the central bank from raising interest rates next week.
According to Angel Broking, Rupee is likely to trade positive as recent weakness in the DX after the dovish speech by the US Federal Reserve Chairwoman who hinted that recent weak US jobs data and uncertainty surrounding Brexit will keep the central bank from raising interest rates next week.
According to Angel Broking, Rupee is likely to appreciate owing to weak ness seen in the DX after the disappointing release of ADP and NFP employment report from the US . This will keep the Indian rupee supportive.
According to Angel Broking, Rupee is likely to depreciate owing to negative trend seen in the Asian markets as slump in crude oil prices has dampened the investors' appetite for riskier assets.
According to Angel Broking, Rupee is likely to appreciate owing to positive trend seen in the Asian markets as markets are optimistic that the global economy is ready to face a potentially hike in US borrowing costs.
According to Angel Broking, Rupee is likely to depreciate on account of the hawkish comment made by the US Fed Chairwoman that a rate hike is "probably" appropriate in the coming months if economic data improve.
"The economy is continuing to improve ... growth looks to be picking up," Yellen said in remarks in Boston.
According to Angel Broking, Rupee is likely to appreciate owing to positive trend seen in the Asian markets after Brent crude prices crossed $50 a barrel . Moreover, the Indian government has approved to launch capital goods policy to create demand and improve exports.
According to Angel Broking, Rupee is likely to appreciate owing to positive trend seen in the Asian markets after Brent crude prices crossed $50 a barrel which will keep the Indian markets and its currency supportive.
According to Angel Broking, Rupee is likely to depreciate owing to nega t ive trend seen in the Asian markets. Moreover, hawkish tone in the recent FOMC meeting minutes along with other US policymakers has revived rate hike expectations in the forth coming June FOMC meeting.
According to Angel Broking, Rupee is likely to trade positive owing to positive trend seen in the Asian markets. However, hawkish tone in the recent FOMC meeting minutes has revived rate hike expectations in the forth coming June FOMC meeting.