Tag - rupee

[Economy] A story of Forex, currency conversion, rupee depreciation, inflation, subsidies etc.

Again in the fond memories of Dev Anand. I’m writing this story so that the newcomers can get some idea about Forex, currency conversion, rupee depreciation, inflation, subsidies etc. (caution : full of technically not-so-correct examples, just to give you a broad idea of what [...]

[Economy] FCNR Rate Hike to Prevent Rupee Downfall: Meaning, Implications, Explained

What is FCNR? Example SBI FCNR What does SBI do with foreign currency? Why is FCNR in News? Implication of FCNR interest Rate hike What is FCNR? Foreign Currency  Non-Resident (FCNR) scheme was launched by RBI in the early 1990s. It allows NRIs to [...]

ntroduction Quantitative Easing, Fed Tapering

[Economy] Quantitative Easing: Meaning, phases, Impacts on Indian Economy, Rupee-Dollar Exchange rate, Pros & Cons, Positive & Negative aspects explained

Prologue Characters in QE movie [Act I] Subprime crisis: toxic assets (2007) [Act II] Quantitative Easing (2008) Why can’t LOW repo rate solve problem? Quantitative Easing: “Electronic” Money OUT OF THIN AIR Concept#1: QE = NOT OMO Concept #2: QE = NOT Monetized [...]