Last quote about Rupee

Ajay Sahai
This price gap is good enough for a company like Wal-Mart (NYSE:) to shift its orders to other
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Sep 04 2017
The latest person who has talked about Rupee is Fawad Khan: “Basically, the market was looking for some clarity around this political impasse; fortunately the Supreme Court provided a face-saver by giving a middle-ground for both the PTI and the government.”. You’ll find on this page all the other quotes of Fawad Khan and all the other people that have spoken about Rupee. You can select these people and their quotes by date, by name, and you can easily have access to the articles from which they originated.
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Cristian Maggio - TD Securities

The (central bank) has to be very mindful how the market is trading the lira, there is still a big net short position from the corporate sector against the

Cristian Maggio - TD Securities

The run-up to the Fed in terms of emerging market reaction is not dramatic anymore given that the market is basically pricing in a near 100 percent probability of a hike in March, so the market is already positioned for the

Indrajit Coomaraswamy

It is time to stop this pattern and commence building up of external reserves through sustainable foreign exchange

Ravi Karunanayake

There is some importer demand and we can't see much (dollar

Ashley Perrott

It is hard to see it totally unaffected. India is caught in a bit of a tug of war between the domestic versus global story. There is a consensus forming that RBI will cut rates. Whether they can go ahead given what is happening with the rupee is a

Pramod Patil

It is frankly difficult to say where the rupee will be in the near-term. We will have to wait and watch Trump's actions once he is in the White House, only then will we have some

Ravi Karunanayake

Today this market is not fundamentally driven, it is sentiment driven. There are no fundamentals. You will have this rocky thing owing to turbulent times that are created artificially by many theories that are put forward, but at the end of the day you will see the real (value) of the rupee coming out with our strong fiscal policies that we will be

Saurabh Jain - SMC Global Securities

The gloom in the market due to the lack of (cash) liquidity is unlikely to ease until February next

Simon Quijano-Evans - Commerzbank

It's really more of a dollar strength story - if you compare the dollar to the euro or the yen, then the weakness isn't restricted to emerging markets currencies. The central bank is showing it doesn't really want to waste its FX reserves on something that it cannot influence at the

Vinod Nair - Geojit BNP Paribas

There is a major liquidity issue in the domestic market due to the banknotes action and the volatility in the rupee because of rising U.S. bond yields will likely continue for some time. The 8,000 level for Nifty is very important, but the risk of it falling below that mark will be there as the market will continue to remain cautious for a while amid domestic and global

Saurabh Agrawal

Queries for bitcoins have gone up by 20 percent to 30 percent in the past couple of

Linus Lindgren - BTCXIndia

I would estimate the average traded volume in India to be around 500btc/day, which is less than 1 percent, maybe even 0.1 percent, of global

Charles Hayter

Bitcoin is a sanctuary in emerging markets where knee jerk policy reactions are commonplace - India's move on high value bank notes is just the latest in a string of poorly communicated & executed

Amanda Gilbertson

The queues at banks are insane and nobody had any cash. 100 rupee notes have suddenly become very precious. Lots of shops are closed. I was at a cafe today that had no food. This country runs on

Mihir Kapadia - Sun Global Investments

Short term money market rates could fall very sharply as the supply of cash in the money markets increases significantly. This move is also very positive for the Indian

Surendra Mehta

Significant amounts of demand for gold used to get generated (by) unaccounted wealth. Since such unaccounted money is set to lose value after the scrapping of 500 rupee and 1,000 rupee notes, demand for gold will also

Nandalal Weerasinghe

With the remittances coming in, the trend will get reversed in

Indrajit Coomaraswamy

The sale of the Hambantota port where the country will get a billion dollar is particularly helpful. This should help to stabilise both the currency and the domestic interest

Fawad Khan

Basically, the market was looking for some clarity around this political impasse; fortunately the Supreme Court provided a face-saver by giving a middle-ground for both the PTI and the

Sunil Kashyap - Scotiabank

If stability of the rupee continues and gold prices are stable, then we can expect positive trends. But any kind of volatility could hamper

Irene Cheung - Australia and New Zealand Banking Group
Rini Sen - ANZ

A firmer dollar on the back of an expected hike by the Federal Reserve this year, coupled with some unwinding of RBI rate cut expectations in India's asset markets, will likely see a rebound in dollar/

Radhika Rao

The perception is that he is hawkish but he has room to

Kenneth Akintewe

All investors, both foreign and domestic, should take comfort in the fact that there will be policy continuity. Nevertheless, some of the dovish sentiment that had crept into the market will likely be re-priced given that Dr Patel is viewed as being more hawkish, therefore yields could corrects lightly higher in the near

Fawad Khan

Investors remained on the sidelines on outflow of foreign funds to the tune of $7.5 million in the last

Fawad Khan

The cement and fertilizer sector led the market to fall on Friday amid rumors of abolishing duty from imported cement and government decision to reduce urea prices by over a quarter to combat

Fawad Khan

Mainly outflow of foreign funds in the last session to the tune of $9.2 million and profit-taking led the market to fall 286

Fawad Khan

Market witnessed more of a consolidation above the 40,000 level as the results season

Fawad Khan

Index achieved a new milestone, supported by strong results season and rising international crude

Hammad Aman

Rising global crude prices mainly led the index, which made an intra-day high of 40,

Hammad Aman

Bankings stocks performed on the day, which led the market to close at an all-time

Fawad Khan

Positive foreign portfolio investments since the last few sessions, plus some stability on the political front led the market to reach a new

Fawad Khan

Consolidation phase continued from the last sessions on Friday. The market is awaiting some kind of direction and some

Fawad Khan

Market continued to witness consolidation for the second session, profit-taking was seen in oil and gas

Fawad Khan

Consolidation was observed today after the market closed at an all-time high in the previous

Fawad Khan

Market witnessed a net foreign portfolio inflow of $1.4 million rupees in the last session. Similarly, sentiment was also positive on earnings

Fawad Khan

The market witnessed profit-taking and consolidation ahead of the result season due next week, with investors keeping to the

Fawad Khan

The wait for earnings season to begin has kept investors on the

Fawad Khan

Volumes were quite low today. With no particular activity apart from the refinery stocks, it is expected that activity will pick up with the earnings season likely to start next

Hammad Aman

After gaining for five consecutive days, high volatility was observed today and the market closed

Fawad Khan

Profit-taking was seen in the session and the upcoming weekend led the market to close

Fawad Khan

Increase in sales numbers in the auto sector led the market to close higher along with cement and banks, which also performed on the

Imran Ali

Bullish momentum was witnessed with supplementary supportive news of tax rebate benefiting shariah-compliant

Jim Yong Kim - World Bank Group

If prices in poor countries are lower, their currencies are stronger in purchasing power terms: the Kenyan shilling or the Indian rupee buy more (in their respective countries) than we used to think, relative to what one dollar buys in the United

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