The irony of a 1.35-billion strong country with a vibrant stock market but no place in the bond indices would hopefully end early next year.
The current relaunch of the EM bull market is accompanied by stalled trends in the US dollar.
FCA increased by $8.596 billion to $576.224 billion in the reporting week
FCA rose by $463 million to $568.748 billion in the reporting week
Local Gold markets tracked cues from the Indian rupee as the domestic currency fell against the dollar
Though higher reserves help in cushioning domestic economy from external shocks, we must be mindful of the opportunity costs associated with them
The prerogative of printing currency rests with RBI and the central bank should resist the temptation of taking the easy route
Experts believe that gold has good legs remaining and could cross the Rs 50,000 mark and move much higher in the coming months
India's foreign exchange reserves touched a record high of $592.894 billion for the week ended May 21, boosted by gold and currency assets
Experts feel the yellow metal will remain muted for the coming months but the long term picture remains bright