Top 5 Benefits of Managed Forex Accounts

Managed forex accounts are investment management solutions that are suitable for investors who lack experience. The managed forex accounts are handled by professional traders who generate steady profits for their clients. Investors who lack forex knowledge and want to earn hassle-free profits should opt for managed forex accounts. Let us discuss some main benefits of … Read more

11 Best Forex Brokers And Trading Platforms in India 2021

India is the world’s second-most populated country with a population exceeding 1.3 billion and a booming economy of over $2.6 trillion in GDP. While dealing with the high national poverty rate remains a challenge, many aspiring Indians have taken up day trading as a way to improve their lot in life.  However, the Reserve Bank … Read more

Reserve Bank of India (RBI)

The “RBI” stands for the Reserve Bank of India. Established in 1935, RBI is the central bank of India. The bank acts as a prime regulator of national currency and credit functions. The bank also takes care of financial concerns and formulates the monetary policies of India.  What does RBI do? Based in Mumbai, the … Read more

Securities and Exchange Board of India (SEBI)

What is SEBI? SEBI stands for Securities and Exchange Board of India. Founded in 1992, SEBI is a regulatory body of India. It regulates the capital and securities market of India. It also ensures the protection of investors’ interests by formulating SOPs for the concerned entities. Its head office is in Mumbai.  Structure of SEBI … Read more

Foreign Exchange Management Act (FEMA)

In 1999, the Indian central government formulated the FEMA Act to control import/export activities and manage cross-border payments. FEMA is an abbreviation of the Foreign Exchange Management Act. With the implication of the FEMA Act 1999, the government of India managed to mitigate the Foreign Exchange Regulation Act (FERA) irregularities and limitations. Hence, several economic … Read more

Currency Futures In India

What is currency futures? The act of hedging a currency risk against price fluctuations in the currency market by entering into a futures contract is called currency futures. Currency futures are also known as future contracts.  In India, the National Stock Exchange of India (NSE) allowed currency futures trading for the first time back in … Read more

When will the Indian Rupee value increase against the US Dollar?

Economists believe that the Indian Rupee (INR) might appreciate marginally against the U.S. Dollar next year. In a recent report authored by Motilal Oswal, the country anticipates an annual trade surplus for the first time after seventeen years in the fiscal year 2021-22. The export level exceeded imports due to contraction in domestic spending.  The … Read more

Future of Indian Rupee

The global economy seems to be heading towards a recession in the coming months. The recession factor ultimately makes the U.S. Dollar stronger against other currencies, including the Indian Rupee. Given the macro-economic outlook of the global financial crisis, the Indian Rupee is likely to bear more pain in the future. The Indian economy struggles … Read more

Why is the Indian Rupee so weak against the USD

The Indian Rupee struggles to recover after falling below 76.00 against the U.S. Dollar amid the COVID-19 economic breakdown. Investors pulled out their investments, dumping most of the emerging market holdings, and opted for maximum liquidity to cater to immediate financial needs. At present, the Indian Rupee (INR) hovers around 72.94 against the U.S. Dollar. … Read more