Tag Archive: dollar


Market recovers, ignoring rupee fall

Market recovers, ignoring rupee fall | Despite the rupee continuing its free-fall to hit a life-time low of 65.65 against the dollar, before ending the day at 64.60, Dalal Street marched ahead. Earlier in the morning, the domestic currency opened weaker at 64.85 against the previous close of 64.02 to a dollar. However, both the …

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Face-Off with Students from The Walton College of Business

It’s the night before we meet our exchange students from the Walton College of Business (WCOB), USA. I am eager and nervous to meet them.  There are a number of things to learn about them, their country, and many questions pop in my head in anticipation.  But first, I have to introduce myself as a …

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The Depreciating Rupee

The newspapers are full of reports of the rapid depreciation of the Indian Rupee against the US Dollar in recent weeks. Government and RBI officials have also been saying that it is difficult for RBI to intervene in the market to shore up the value of the Rupee. Let’s look at some of the issues …

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