Nearly 50,000-60,000 crore of additional liquidity will go out of the system due to advance tax payments. RBI is expected to pump in liquidity into the system through OMOs this week, says a banker
2 min read9 Sep 2018The current disturbances in the foreign exchange market provide opportunities for the RBI to fine-tune its liquidity and foreign exchange management policies
8 min read3 Sep 2018Donald Trump took to Twitter on Friday to accuse China and the European Union of 'manipulating their currencies and interest rates lower'
2 min read21 Jul 2018Foreign capital which flows in to exploit natural resources can lead to exchange rate appreciation, adversely affecting industrial growth
3 min read7 Oct 2017US President Donald Trump's much anticipated economic-growth agenda has not materialized, and stands no chance of making it through Congress
4 min read14 Jun 2017ICICI Bank has reduced interest rates on bulk deposits by 15-25 basis points across maturities, with effect from Tuesday
2 min read4 May 2016In the forex market, currencies are mirroring moves in oil prices since 2012, suggesting vulnerability to any renewed weakness in commodities
3 min read1 Apr 2016G-20 members agreed to use monetary, fiscal and structural tools to boost growth, according to a final communique released in Shanghai on Saturday
1 min read27 Feb 2016Khan's comments follow calls from analysts for a new currency pact to soothe financial markets amid diverging policies by central banks in US, Europe and Japan
1 min read6 Feb 2016Last November, the first 7 foreign institutions had been registered to enter the interbank foreign exchange market
1 min read13 Jan 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared