'China could place the currency on a par with global biggies. But it has to wait to be a serious challenger.'
Foreign exchange reserves of the oil producers have increased by $1.1 trillion over the past decade.
It is important to note that slowdown in activity is really confined to a selected few regions within China.
The markets, at this point, have rallied on the view that the Fed will not budge from the zero-bound as long as inflation remains subdued
The belief that the Fed knows something that lesser mortals don't is common.
The majority in the markets believe that a September lift-off is likely.
The RBI must cut rates to spur growth, say experts.
Modi govt has a unique style of working, say experts.
If the RBI governor's logic holds, the rupee is far from being extremely overvalued.
RBI's out-of-turn rate cut has surprise few economists.
The Budget decides to take the lead in revving up infrastructure.
Unless there is a sharp uptick in oil prices, Fed may push back rate hike
Getting the balance between fiscal restraint and growth-contracting policy remains a problem.
The rise in US interest rates and associated change in the direction of capital flows, the fall in oil prices and the slowdown in China will dominate the markets, say Abheek Barua and Bidisha Ganguly
Rupee volatility could be dampened if it is steadily manoeuvered to levels consistent with inflation differentials, say Jaimini Bhagwati and Abheek Barua
Saudi Arabia's deep pockets and a strong financial system could help the country to ride out a low-price environment in order to protect its market share.
Data on the real value of the currency against other currencies tells a different story.
To the extent that monetary variables affect investment, the weather, thus, looks far less clement.
Most mainstream researchers agree that good governance is a necessary condition for growth.
For one thing, US Fed Chairman Ben Bernanke was perhaps right in postponing the quantitative easing taper even though the markets had complained at that time that they were primed for some reduction in QE3 and the Fed had missed an opportunity to execute their plans without causing too much of a flutter.
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