Market Insights
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Undervalued, By Which Yardstick?
Currency Desk · INR Undervalued, By Which Yardstick? Three Questions the Rupee Market Is Asking The October MPC said the rupee may be undervalued.…
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Desk Diary: The Day Fixed Income Traders Won’t Forget in a Hurry
Gap-down open, a failed VRRR, an RBI TV byte that gutted the 5-year — and RBI’s punishment
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RBI Buys Time with a $5 Billion FX Swap
RBI has signalled another round of “liquidity via FX” by announcing a fresh USD/INR FX swap of around USD 5 billion, effectively repeating the…
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The Unknown Man in the INR Market
The Usual Suspects Are Incomplete Every rupee selloff gets the same explanation — crude, FPI outflows, and offshore NDF demand. But here is what…
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RBI’s Forward Short Book: Why the Market Is Paying Attention
RBI’s short forward book crossing the $103 billion mark is a big number, but the real story is in why it has grown so fast. The…