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Mecklai Financial Services

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Rupee expected to weaken more to touch $83.5, may improve in Sep

The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar and a weakening Chinese yuan, according to a Business......

Rupee should weaken, but may not help exports: Experts

Going by the real effective exchange rate, the rupee is overvalued Amid the debate about whether the rupee should be depreciated sharply to benefit exporters, currency market participants are not......

Indian firms may take a hit if the rupee falls further

RBI Governor Raghuram Rajan has warned firms the central bank will not bail them out if the currency falls sharply. The Reserve Bank of India’s repeated warnings to companies on hedging......

Policy makers can brace for good times ahead

RBI Governor Raghuram Rajan's efforts to induct a new chief operating officer and diversify the recruitment process at RBI reflect are good ideas that should be supported, says Jamal Mecklai.......

How did bankers become sexy?

Banks are being squeezed every which way -- on capital, on compensation, on credibility. Jobs in financial services will become scarcer and will pay less, writes Jamal Mecklai. I had a young man......

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