Tag: External Sector
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FCNR(B) deposits: RBI’s massive forex swap drive
Discover how FCNR(B) deposits helped RBI’s forex swap facility mobilise over $136 billion. Read the full analysis by Chetan Bharat Learning.
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Gold Import Duty: UPSC Analysis of Duty Hike
Gold import duty affects prices, imports and the current account. Understand the duty hike and UPSC implications. Read the full UPSC analysis by Chetan Bharat Learning.
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The Slide to 96.90: Decoding the Rupee’s Historic Low
The Indian Rupee (INR) has hit a fresh lifetime low of 96.90 against the U.S. Dollar (USD), capping off a multi-session losing streak. This is not just a market volatility headline; it represents a major macro-economic shift affecting India’s external sector resilience, balance of payments, and domestic inflation. 1. The Core Triggers: Why is the…
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