RBI stayed put on rates but cut CRR to ease liquidity, because they are still unbothered about slowing growth. But why?
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$18 billion gone in a week because RBI wanted to defend the rupee and keep inflation in check.
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.
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.
Did you see this headline last week? Norinchukin Bank, a Japanese bank, is selling $63B worth of US and European Government Bonds. The reason is that the bank wants to stem losses from low-yielding foreign government bonds it has purchased in the aftermath of Covid. But hey, if they held the bonds until maturity, there […]
Central banks across the world met last week to set interest rates, sparking the question – what would the RBI do. Meanwhile, FDI blooms, but money leaves under the LRS.
