#exchange-rate
Let exchange rate act as shock absorber: IMF on Fed hike impact on India
The International Monetary Fund has said the US Federal Reserve's decision to hike interest rates would contribute to tighter global financial conditions and suggested that India allow the exchange rate to act as a shock absorber. An IMF spokesperson on Frida…
Let exchange rate act as shock absorber: IMF on Fed hike impact on India
The International Monetary Fund has noted the potential impact of the US Federal Reserve's interest rate hikes on global markets. This situation could create challenges for emerging economies through capital flows and financing conditions. The IMF encourages …
Rupee Value Debate : Why India Currency Should Be Judged Beyond Exchange Rates
Inflation targeting framework should have included ‘exchange rate stability’ clause: Former RBI Governor Subbarao
Former RBI Governor Subbarao advocates for including "exchange rate stability" in India's inflation targeting framework for effective monetary policy.
Adverse trade-offs: India's monetary and fiscal policymakers face a tough task ahead
India’s Reserve Bank and government have been pushed by the Gulf war into no-win situations on multiple fronts. Inflation, growth, exchange rate, budget allocations and other variables have all been unsettled. Can a grand rebalance be attained?
CCIL website showed incorrect rupee closing rate on Friday
The rupee closing figure on the CCIL website on Friday was inaccurate after a late deal that fell through was not factored in, leading to an inflated figure.