The Daily Brief Is the Rupee Losing Its Power?
22 snips
Jan 21, 2025 Discover the impacts of SEBI's new transparency regulations on mutual funds in India. Delve into the complexities of the Indian rupee's decline and the factors influencing its value in the forex market. Explore how the Reserve Bank of India strives to stabilize the currency amidst ongoing economic challenges. The discussion also touches on recent developments, such as a potential merger involving Perplexity AI and TikTok, highlighting the evolving landscape of global markets.
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Using Information Ratio
- Consider the information ratio (IR) when evaluating mutual funds.
- A high IR indicates better risk-adjusted returns.
Currency Valuation
- Modern currencies like the Rupee and US dollar aren't tied to a physical commodity.
- Their value depends on market forces and people's belief in them.
Exchange Rate Impact on Exports
- If the rupee appreciates, Indian exports become more expensive for foreign buyers.
- Conversely, if the rupee depreciates, exports become cheaper.