The industry’s top advisors offer their best advice, research, how-tos, and insights on Forex Hedging, Debt Capital Funding, Derivative valuation, International Investments, Risk Management and Interest Cost Reduction.
On July 30 2019, The Reserve Bank of India relaxed the end-use stipulations under ECB guidelines for corporates and NBFCs. It was a long pending demand by the industry to relax the end-use restrictions and allow ECBs for refinancing of rupee loans and funding working...read more
A look at the chart can show how major economies in the world are slipping into red zone of growth. There is no recession but slowdown is omnipresent. This is and will severely impact various asset prices in the coming days. Cutting rate has become viral amongst...read more
If USDINR forward premium is higher than interest differential, does that signify INR depreciation ?
Forward premium is a function of difference between two countries interest rate and normally have nothing to do with the spot rate outlook. For example if Indian interest rate is 6.00% and US interest rate is 2.00% then forward premium will be approximately 4.00%....read more
How to calculate USD INR Forward Premium QuantArt supports corporates and funds with live USD INR forward premiums and spots so that they get right rates. The peculiarity about Indian forward premium market is that it’s traded directly for month-ends up to 13 months. ...read more
The US economy has now reached the end of a long bull run, which started post the 2008 financial crisis. The yield curve has seen flattening and some inversion for a brief period of time this year, indicating that an economic slowdown may be on the cards in the next...read more
Foreign currency loans in India can be availed through following routes- 1. Trade Credit - Buyer's credit, Suppliers credit and PCFC. Trade credits are generally short term and part of working capital financing. Buyers credit or Supplier’s credit are used for import...read more
Populist measures with an eye on upcoming electionsDirect cash transfer to farmers – retrospectively from December 2018. Estimated to cost 75k per year and this year’s budget allocation, up to 20k crores also provided.Middle-class tax benefitsNo tax up to 5 lacs of...read more
Last week RBI unleashed a new framework for borrowing by Indian corporates from the international markets. In the first look, the overhaul looks a big shift with changes such as lower tenor, expanded list of eligible borrowers, practically no restrictions on the type...read more
Every business leaders and HR managers know the importance of balanced scorecard or 360-degree appraisal setting. If you set an unbalanced performance objective, suffering is assured. For example, if you ask a sales team to focus on only revenue and not profit, the...read more
INR trading around 72.85 After the blistering move on Friday, INR is likely to open weaker today. Dollar was supported on Friday by a very strong US jobs data and comments from Trump advisor that China discussions are not at the level of an agreement of a deal. US job...read more