India: Growth Picks up Slightly in Latest GDP Report
After recording its lowest rate of expansion in four years following tepid growth of just 4.4% (y-o-y) in the April-June period, the Indian economy recovered by 4.8% in the three […]
Tag Archives: Indian rupee
Gold: US Fed Could Further Delay Tapering
Gold prices hit a three-month low of US$1272 per troy oz on October 11 as a 16-day US federal government shutdown – caused by dispute over the FY2014 budget – […]
India: Central Bank Action Supports Rupee
The sharp depreciation of the Indian rupee in recent months, coupled with stubbornly high food prices, has contributed significantly to rising inflationary pressures and this was reflected in another rise […]
India: Weak Growth Adds to Downward Pressure on Rupee
Following an already sub-par performance in the January-March period when real GDP expanded by a disappointing 4.8% (y-o-y), the economy continued to underperform in the three months to June. Real […]
Indian Rupee: Tough Challenges Ahead
Undermined by weak fundamentals and the prospect of an early end to US policy accommodation, the rupee sank below rs68.0/US$, from rs54.0/US$ at the start of May. A downturn in […]
