E-PaperReer News
India needs to allow rupee to be driven by market forces to reduce external risks: IMF
IMF said the external sector position of India in 2017-18 is broadly consistent with fundamentals and desirable policy settings
2 min read24 Jul 2018Be sure of what you want
The rupee is not overvalued against other currencies but it is overvalued relative to India's poor economic fundamentals
4 min read3 Oct 2017BIS data shows strong appreciation for rupee
From the beginning of 2016, the rupee has appreciated more than most other currencies
1 min read26 Sep 2017Rupee may not be overvalued
RBI's gauge of rupee's relative strength in terms of the real effective exchange rate, or REER, puts the overvaluation at 12%, as of January
1 min read27 Mar 2017Investors in a fix over rupee’s real value as RBI governor Urjit Patel joins debate
Governor Urjit Patel says the rupee is 'broadly' where it should be. Problem is, an RBI gauge of the currency's trade-weighted performance shows it is overvalued
2 min read2 Mar 2017No Make in India impact visible yet in exports
Manufacturing exports contracted in 2015-16 for the first time in six years
3 min read20 May 2016Rupee rally gives RBI a chance to boost FX reserves, inject liquidity
To inject primary liquidity, the RBI must either buy government bonds through open market operations or buy dollars in the foreign exchange market
3 min read1 Apr 2016Is the rupee close to its Goldilocks rate? Yes, suggests Raghuram Rajan
Is the Indian rupee overvalued? Or is it undervalued? RBI governor Raghuram Rajan's recent remarks suggest that it may be neither
3 min read15 Mar 2016Is RBI discounting real exchange rate as an overvalued rupee rises?
The rupee's 2.3% appreciation last week has added to its overvaluation in terms of real effective exchange rate, which is already near its highest since 2011
2 min read8 Mar 2016Sensex set for worst year-to-budget slide since 2007
Railway budget failed to cheer market participants, whose sights are trained on Monday's Union budget
3 min read26 Feb 2016Popular Topics
Budget
The 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