Latest Updates Around The World
A logo of the Reserve Bank of India | Photo credit: FRANCIS MASCARENHAS In a major boost to exporters, the Reserve Bank of India has announced a host of trade support measures to cushion the impact of trade disruptions on exports due to global headwinds. The measures include easing the burden of debt repayments for […]
Exim Bank of India offers shorter tenure credit for the working capital needs of exporters. The Bank of India’s Export-Import (EXIM) increases credit support to exporters and helps them to diversify to newer markets, in particular Africa, after punitive American rates about the import of the South Asian nation, a senior official said. Exim Bank […]
When local or global forces threaten market balance, the reserve Bank of India is usually expected to enter. Photocredit: Francis Mascarenhas From exporters damaged by punishing American rates to bank treasures that are not by Bond Vigilantes, the central bank of India is confronted with increasing calls to intervene to help voice losses. It is […]
The Indian rupid traded on Tuesday in the vicinity of record points against the US dollar and slipped to 88.15 after closing a low of 88.18 a day earlier. The depreciation has given exporters a better competitiveness of price, but has expressed concern for sectors of the import-heavy sectors.Exportors said the fall in the rupid […]
