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Nobel Prize for macroeconomic stabilisation

New Delhi, Oct. 13 -- It is quite befitting that this year's Nobel Prize in Economics goes for work related to economic stabilisation. The world economy is typified by volatile markets and idiosyncrat... Read More


Ways to deal with FCNR liquidity deluge

New Delhi, Sept. 7 -- The deluge of forex into the country on account of the FCNR/OFCB/ECB scheme has been a blessing. It raises the forex reserves, which in turn looks healthier in terms of import co... Read More


What do we mean by forex reserves?

New Delhi, Aug. 27 -- In the light of the FCNR scheme being introduced to attract dollars, a question raised is whether these funds would be used to shore up reserves, or for intervention in the marke... Read More


FCNR (B) scheme - a range of possibilities

New Delhi, July 28 -- The Reserve Bank of India's announcement on FCNR (B) deposits, made as part of the credit policy, has lifted sentiments on the forex front. Estimates of expected inflows vary fro... Read More