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RBI, rupee and Nomura
Dollar retreat to boost rupee before RBI rate decision
The Indian rupee is likely to open higher on Friday on the back of a decline in the dollar index, after which its direction will be dictated by the central bank's monetary policy review.
Rupee weakness will not deter RBI from cutting rates, says Nomura
Nomura noted that high prices were concentrated in a few items, including food, rather than being broad-based, and that inflation excluding vegetables and other volatile items was still subdued
Nomura expects RBI to cut rates by 100 bps this cycle
Nomura forecasts the RBI will cut rates by 100 bps from December 2024. This surpasses the anticipated 50 bps cut. They've reduced India's FY'25 GDP growth forecast to 6 percent. This is lower than the consensus estimate of 6.
17h
on MSN
Rupee little changed as cenbank rate decision, growth commentary looms
The Indian rupee ended little changed following a rangebound trading session on Thursday, with market players speculating ...
19h
USD/INR strengthens as economic growth worries drag Indian Rupee lower to near record low
The Fed Chair Jerome Powell noted on Wednesday that the US economy is in remarkably good shape, allowing Fed officials to ...
3d
Rupee Falls to New Record Low, Bonds Gain After Growth Slows
The Indian rupee declined to a new all-time low after data showed a sharp slowdown in the economic growth. Bonds extended ...
20h
on MSN
Rupee in narrow range ahead of RBI rate decision, Asian peers rise
The Indian rupee was nearly unchanged on Thursday and held in a narrow range, with traders awaiting the central bank's ...
1d
Rupee on gentle one-way path down, to breach 85/$ in 6 months
Since early October, the RBI has spent nearly $50 billion from its vast FX reserves to shield the rupee from the dollar's ...
22h
Rupee trade in narrow range against US dollar in early trade
Rupee trades in narrow range against US dollar in early trade New Delhi, Dec 5 (PTI) Rupee opened on a flat note and rose ...
21h
Rupee weakness will not deter India cenbank from cutting rates, Nomura says
Nomura stuck by its contrarian call that the Reserve Bank of India will lower interest rates on Friday as concerns over ...
20h
Rupee trades in narrow range against U.S. dollar in early trade
Rupee opened on a flat note and rose just 4 paise from its all-time low level to 84.71 against the U.S. dollar in morning ...
21h
Rupee Should Be Rs. 211 But IMF Prevents it: Tax Firm
Tax advisory firm Tola Associates claims the International Monetary Fund's (IMF) market-based exchange rate policy has ...
The Express Tribune
23h
Rupee slides marginally to Rs277.92/$
The Pakistani rupee weakened slightly against the US dollar, depreciating by 0.02% in the interbank market, on Wednesday. The ...
2d
Rupee drops to record low pressured by yuan slide, NDF dollar bids
The Indian rupee hit an all-time low on Tuesday weighed down by a broadly stronger dollar and a slump in the offshore Chinese ...
16h
Rupee Closes in Red 2nd Day in a Row Against US Dollar As Uncertainty Mounts
The Pakistani rupee (PKR) closed in red second day in a row against the US Dollar (USD) today after opening trade at 279 in ...
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