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Kotak Automates Partner Payments, Powered by Act21 Software s Payout Solution - Hyperform

Kotak Automates Partner Payments, Powered by Act21 Software s Payout Solution - Hyperform
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Rising Indian Bank Stocks Show Market Looking Past Weak Quarter

Rising Indian Bank Stocks Show Market Looking Past Weak Quarter
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Rupee Slides Toward Year s Low as India s Trade Deficit Widens

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Rupee slides toward year s low against dollar as trade deficit widens

After months of wild volatility in the rupee, India’s widening trade deficit and elevated commodity prices are bearing down on the currency, reinforcing a recent downward bias and pushing it toward a new low for the year. That’s the view of traders who’ve seen the rupee whipsaw from being Asia’s best performer in the first quarter to its worst in April when another wave of Covid-19 infections took hold. This volatility and the prospect of tapering by the Federal Reserve have also reduced the attractiveness of India’s currency for carry trades, adding to its headwinds.

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Indian rupee slides on widening trade deficits

Indian rupee slides on widening trade deficits
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