Inflation falls in both India and US. But why’s the RBI, unlike the US Fed, still cautious? Maybe because our inflation rate is a mirage.
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The ‘USD—Yen’ carry trade has been all over the news lately. The term ‘Carry trade’ may come across as a fancy new trading technique, especially to newbies to the capital market.
Mobile connections are growing at their 2017 pace. NRIs are making more deposits than ever. The Rupee is strong. But the economy is tepid.
Inflation is inching downwards. The US Dollar is appreciating, but the Rupee – buoyed by heavy FPI inflows – stays resilient. And more.