Top Tweets for #ForexInflows
BUSINESS NEWS
RBI chooses non austerity route to aid the Rupee
Click - https://t.co/qS4ga2WNF6
#RBIMonetaryPolicy #RupeeDefence #ForexInflows #MonetaryPolicy #CurrencyStability #FCNRAttraction
The #RBI’s policy announcements are likely to attract #ForexInflows and could help arrest the rupee’s depreciation against the dollar.
If inflows materialize, the rupee may even register modest appreciation.
Although GDP growth forecasts have been trimmed slightly from 6.9% to 6.6%, this presents a potential opportunity.
NRIs and resident Indians holding dollars abroad might consider a contrarian move: repatriating those funds now, when each dollar buys more rupees, and redeploying capital into India’s growth story.
#Investors could, therefore, benefit twice — from a stabilising (or strengthening) rupee and from upside in Indian equities should growth and sentiment improve.
#MCExplains: The Reserve Bank of India announced measures to ease forex inflows. This explainer helps us understand the measures and objectives behind them.
Read to know 👇
https://t.co/PAYRSYjjD9
by @mostlyeconomics | #RBI #ForexInflows #Rupee
Kenya Electricity Generating Company (KenGen) PLC has won a Shs 700m international contract to drill three geothermal wells in Djibouti.
— The Standard
Do read my quote carried by @business in their article this morning on the #IndianRupee #ForexInflows #RupeeAppreciation #TradeWars https://t.co/3Lh2Y34FuW
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