Advantage AxisDirect
- 20 investment products
- 3 great platforms to invest
- 5 fun-tastic learn courses
- 5 powerful research segments
- 4 prestigious awards
- 9 lakh+ happy investors
Quotes
Back To Menu
-
Offerings
- Markets
- Research
- Learn
- PORTFOLIO
Strengthening Rupee and Falling Inflation may Push the RBI for a Rate Cut - AxisDirect
AxisDirect-O-Nomics
Jul 20, 2017 | Source: AxisDirect
Falling Inflation rate and Strengthening Rupee to watch out for
India Inflation Rate Falls to Fresh Low Of 1.54% amid favorable monsoon
- Consumer prices in India increased 1.54 percent year-on-year in June of 2017, slowing sharply from a 2.18 percent rise in May and below market expectations of 1.7 percent.
- The inflation rate fell to a fresh record low for the third month.
- Low rate of inflation could nudge the RBI to reduce the interest rates.
Appreciating rupee on the back of strong foreign capital inflows
- So far this year, Foreign Portfolio Investors (FPIs) have net bought USD 16.1 billion and USD 8.4 billion of Indian debt and equities, respectively, which has led to an appreciation of the Indian rupee and has made it one of the strongest gainers among Asian peers.
- These gains are driven partly by global liquidity and partly by the improving fundamentals of the Indian economy.
- Though strengthening rupee will make import of oil cheaper, but at the same time will impact export oriented industries like IT and Pharma.
Related Keyword
Inflation
India
RBI
strong rupee
Rupee
AxisDirect-O-Nomics
Similar Articles
Strengthening Rupee and Falling Inflation may Push the RBI for a Rate Cut - AxisDirect
Jul 20, 2017 | Source: AxisDirect
No Rate Hike by US Fed, Rupee Surges against Dollar - AxisDirect
Jul 27, 2017 | Source: Hindustan Times
Show more...vV5.0.0.6-60 Thanks for Liking, Please spread your love by sharing...As you have logged in from a different device/browser. This session has expired.Image size cannot exceed 512 KB. - Markets