Daily Vocabulary Builder - The Hindu Editorial with Vocabulary 29th April 2018

Under strain: on sliding value of rupee

The rupee is sliding on account of rising oil prices and FII outflows

The Indian rupee is again under pressure as rising oil prices have combined with higher U.S. bond yields to spur demand for the dollar. After a strong showing in 2017, when the rupee appreciated 6% against the greenback, the currency has been buffeted by crosswinds that have caused it to weaken by about 4.5% so far this year. With global oil prices continuing a steady climb on the back of tight output controls marshalled by the Organisation of the Petroleum Exporting Countries, Brent crude futures have gained almost 12% through 2018. This in turn has bloated India’s crude import bill and widened the trade deficit appreciably. While merchandise exports shrank 0.66% in March to $29.11 billion, the monthly bill for the import of goods, including oil, rose 7.2% to $42.8 billion, widening the trade shortfall to $13.69 billion. Foreign institutional and portfolio investors — who had pumped in close to $30 billion into Indian debt and equity in 2017 — have turned net sellers, with the pace of outflows accelerating sharply this month to more than $2.3 billion. The prospect of higher interest rates in the U.S., with the Federal Reserve having signalled last month that it is on course to raise the policy rate at least two more times in 2018, have now begun to firmly feed into investors’ expectations as well. This was best exemplified this week when the yield on the benchmark 10-year U.S. Treasury debt rose above 3% for the first time since January 2014

While the rupee is not alone among BRICS currencies to have depreciated against the dollar this year, with both the Brazilian real and the Russian rouble losing value, it remains particularly vulnerable to mounting oil costs given the economy’s extremely high dependence on crude imports to meet energy needs. Saudi Arabia, one of the world’s largest crude producers, is eyeing oil prices in the vicinity of $80 a barrel so as to be able to comfortably balance its budget and have cash to spare to fund Crown Prince Mohammed bin Salman’s ambitious socioeconomic reforms. The spectre of fresh tensions involving Iran if President Donald Trump walks his tough talk over the nuclear agreement with Tehran is also almost certain to prevent any significant softening in oil prices even if American shale producers increase output. Signals from the dollar index — a measure of the greenback’s value against a basket of six major currencies — too offer little reassurance to the rupee. The index is close to its highest level since mid-January, indicating that investors see assets undergirded by the dollar as a strong bet. For now, the war chest of forex reserves the Reserve Bank of India has accumulated, $423.6 billion in all, remains the key bulwark against excessive currency market volatility.


The Hindu Editorial Vocabulary – Under strain: on sliding value of rupee

1. Buffet (verb):  
- धक्का, சிற்றுண்டிச் சாலை
- (especially of wind or waves) strike repeatedly and violently; batter.
- (of difficulties) afflict (someone) over a long period.

2. Deficit (noun):
- घाटा, பற்றாக்குறை
- the amount by which something, especially a sum of money, is too small.
- (in sport) the amount or score by which a team or individual is losing.

3. Prospect (noun):
- आशा, வாய்ப்பு
- the possibility or likelihood of some future event occurring.
- a person regarded as likely to succeed or as a potential customer, client, etc.

4. Depreciate (verb):  
- मूल्यह्रास, மதிப்புக்குறைந்த
- diminish in value over a period of time.
- disparage or belittle (something).

5. Vicinity (noun):
- आस-पास, அருகிலுள்ள
- the area near or surrounding a particular place.
- the number of people living in the immediate vicinity was small



[PIB] Compilation,5,10th,1,12th,2,AAO,1,Admit card,9,AFCAT,4,Affairs Cloud,3,Agreements,3,Agriculture,4,AIC AO,1,All India Radio,1,ALP Assistant Loco Pilot,2,Amazon,17,Amazons,1,Anna University,1,Answer Keys,4,Anthropology,3,Appointments,2,Apprentice,1,Approximation,1,Aptitude,211,Asked Questions,103,Audio,6,Automotive Engineering,2,Awards,4,Bank/Insurance,574,Bank/Insurance Preliminary,13,Bank/Insurance Mains,8,Bank/Insurance Previous Papers,2,Bankers Adda,1,Banking Awareness,10,Banking Awareness Quiz,2,Banking Notes,67,BBC Learning English,1,BEL,1,Bengali,4,Bihar,5,Biology,8,BOB,1,Book Review,14,BSC,1,Budget,3,Canara Bank,1,Capsule,10,Caselet,2,CAT,18,CBSE,2,CDS / NDA,5,CGL,19,Chemistry,3,Chhattisgarh,1,CHSL,7,Civil Engineering,3,Coaching Notes,9,Coding - Decoding,8,Competitive Exams,17,Computer Notes,36,Confusing Words,2,Constitution,10,Court,1,CSAT,1,CTET,3,Current Affairs,95,Current Affairs Dot Com,1,Current Affairs Survey,1,Daily CA,12,Daily Quiz,1,Daily Reads,13,Daily Wordlist,13,Data Interpretation,34,Data Sufficiency,6,DBMS,1,Defence,1,Defence Exams,4,Delhi,1,Dena Bank PO,2,Descriptive Test,2,Down to Earth,1,Download,1,ECE,1,ECGC,1,ECIL,1,Economic Notes,45,Economic Survey,7,Editorial,4,Editorial Analysis,4,Editorial cafe,4,Electrical Engineering,3,Employment News,1,Engineering,70,English,252,English Medium,2,English Quiz,15,English SBI CLERK,1,English Vinglish,19,Entrance Examination,10,Environment,5,Environmental Engineering,1,Errors,11,ESE Prelim Test Series,1,Essay Writing,3,Ethics,9,Exam Analysis,1,Exams Dates,3,exclusive,2,Finance & Banking,1,Financial Awareness,13,GATE,49,Gate Previous Year Paper,3,Gear Up,1,General Awareness,262,General Knowledge,56,General Science,45,General Studies,35,GEOGRAPHY,40,Geometry,4,GOVERNMENT SCHEMES,19,Grammar,3,Group 4,29,GST,1,Gyanjyoti Sarasar,1,Hand Written Notes,57,Hariyana,1,Hindi Medium,227,History,58,IAS,75,IB ACIO,3,IBPS,12,IBPS Clerk,18,IBPS GUIDE,1,IBPS PO,34,IBPS RRB,32,IBPS SO,3,IDBI,2,Idioms,2,IGNOU,1,Important Days,3,Important GK,15,Important PDF,28,India Maps,1,Indian National Movement,1,Inequality,1,Infosys,1,Input Output,9,Insight IAS,3,Insurance Notes,4,Interview Tips,19,ISRO,3,JEE,4,Job Alert,13,Job News,7,Kannada,1,Karnataka,2,Kurukshetra,4,Law,8,Letter Writing,2,LIC HFL,1,Madhya Pradesh,12,Magazine,5,Magazine Review,2,Magzter,28,Maharashtra,1,Mahendra Guru,1,Mains 365,1,Malayalam Medium,1,Marketing,1,Maths,7,MBA,4,mcq,2,Mech,4,Mechanical Engineering,7,Medical Exam,61,Missing DI,3,Mitras IAS,14,Mock Test,10,Model Papers,14,Monthly affairs,10,MP Patwari,2,MPPSC,6,Mrunal,1,MSBTE,1,MTS,4,NABARD,6,National,1,NCERT,25,NEET,43,new,1,New Pattern,29,News Paper,3,NIACL,1,Notification,49,NTPC,1,Number Series,14,On This Day,1,Optional,57,Orient IAS,3,Other eBooks,2,Other Exam,27,Pabulum IAS,2,Para Jumbles,1,Paramount Mission IAS,1,Paramount Publications,2,Patanjali IAS,1,Philosophy,10,Physics,3,Placement Paper,2,Police,2,Politics,40,Practice Set,38,Practice Workbook,1,Pratiyogita Darpan,3,Previous Year Paper,107,Programming & IT,1,PSC,2,PSU,1,Psychology,2,PT Practice Workbook,2,Public Administration,6,Puzzles,37,Quadratic Equation,9,QUANT-QUIZ,19,Question and Answer,17,Quiz,38,Railway,28,Railway Group D,8,Railways Loco Pilot,2,Rajasthan,1,Rakesh Yadav,1,Raus IAS,1,RBI,12,RBI Grade B,1,Reading Comprehension,4,Reasoning,108,REET,1,Result,27,Review,73,Revision Module,2,Root Words,1,RRB ALP,7,SAPIENS IAS,1,SBI,30,SBI CLERK,34,SBI PO,24,Science,3,Seating Arrangement,7,Shankar IAS,14,Simple Interest,2,Simplification,7,Sociology,11,South Indian Bank,1,Special Drive,36,SREERAM,1,Sriram IAS,1,SSC,26,SSC Adda,1,SSC CGL,20,SSC CHSL,7,SSC CPO,3,SSC JE,9,SSC Mains,1,SSC MTS,1,SSC Stenographers,3,SSC/RRB,488,SSLC,1,State Budget,1,State Gov Exams,88,Study Plan,10,SVC,1,Syllabus,2,Syllogisms,10,Syndicate Bank,2,Syndicate Bank PO,1,SYNONYMS AND ANTONYMS,2,Tamil Medium,15,Tamil Nadu,29,Teaching Exam,8,Test Series,7,TET,2,The Economic Times E- Paper,1,The Hindu E- Paper,1,The Hindu Vocabulary,7,The Indian Express ePaper,1,Tips,4,Tips & Tricks,1,TN,6,TNPSC,75,trending,1,Tricks,9,Union Budget,1,UPPSC,2,UPSC,529,UPSC Analysis,2,UPSC Mains,5,UPSC Prelims,15,UPSI,1,User Upload,18,Uttar Pradesh,9,Uttarakhand,2,VAO,29,Video,17,VisionIAS Monthly,2,Vocabulary,69,WBCS,5,Weekly Current Affairs,11,Weekly Editorial Vocabulary,1,West Bengal,8,Wipro,1,Yojana Magazine,3,
Aspirants Notes Exam Prep: Banking, IAS, SSC, TNPSC, RRB, Entrance Exam: Daily Vocabulary Builder - The Hindu Editorial with Vocabulary 29th April 2018
Daily Vocabulary Builder - The Hindu Editorial with Vocabulary 29th April 2018
the hindu editorial vocabulary pdf download the hindu vocab daily dose the hindu editorial vocabulary today in hindi the hindu editorial vocabulary pdf download 2017 the hindu vocabulary app the hindu editorial vocabulary in hindi the hindu vocab monthly pdf the hindu editorial pdf
Aspirants Notes Exam Prep: Banking, IAS, SSC, TNPSC, RRB, Entrance Exam
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share. STEP 2: Click the link you shared to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy