The Big Picture – Rupee Crash: Is it due to international factors?

The Big Picture – Rupee Crash: Is it due to international factors? Summary: Indian rupee has been going through some difficult times for the last one and half years. After having reached unprecedented lows last year touching over 68 rupees to a dollar, it had regained some ground earlier this year. However, it has once …

Measures Announced By RBI To Stop Rupee Slide (June 25)

Also called ‘Further Liberalisation Measures for Capital Account Transactions’ – RBI has announced following steps to arrest the slide of Rupee: It has been decided to allow Indian companies in manufacturing and infrastructure sector and having foreign exchange earnings to avail of external commercial borrowing (ECB) for repayment of outstanding Rupee loans towards capital expenditure …