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Reserve Bank Efforts to Attract Foreign Exchange Will Only Fend Off Rupee's Fall Temporarily: Expert_我的网站

一 |     The Indian rupee has shrugged off its early gain of up to 0.5 percent on Thursday trading, as experts predicted more depreciation despite a slew of measures announced by the Reserve Bank of India to boost foreign exchange.,The rupee rose as much as 0.5 percent making the dollar worth 78.90, but it lost momentum in the afternoon, touching 79.255 per dollar in day trading.,"A few weeks back, the RBI tried to control the rupee's fall, but that proved to be short-lived. The measures announced by the RBI on Wednesday will temporarily hold the rupee's fall. Still, it will not last long as the demand-supply gap for the dollar is enormous," Devendra Kumar Mishra, a Delhi-based financial advisor, told Sputnik.,India's central bank exempted commercial banks from cash reserve ratio (CRR) and statutory liquidity ratio (SLR) requirements on foreign exchange deposits into these banks.,The RBI has also removed interest rate caps on deposits invested for more than a year, allowing commercial banks to offer higher interests on foreign currency bank accounts held by non-residents and non-resident external accounts.,Western Investors Set to Return to India, EMEs as Expert Predicts 'Multiple Recessions' in US, EU4 July, 16:14 GMT,Foreign portfolio investors, which removed around $33Bln from Indian equities since the beginning of the year, can now invest in India's short-term bond for less than a year without any limit.,Indian firms can also borrow up to $1.5Bln from foreign lenders, up from the previous $750Mln limit.,Ajay Seth, India's Economic Affairs secretary, said on Thursday that measures provide broad options for prospective investors that may assist the rupee against the dollar.,"We do expect the headwinds to subside over time. Considering the nature of challenges, the measures are also transitory," Seth said.,The RBI data showed that India's total external debt stands at $621Bln against foreign exchange reserves of $593.3Bln as of 24 June, 2022. Of this debt, India will have to pay $267.7Bln in less than a year, and $59.6Bln is due to be paid within the next one or two years. The remaining debt is scheduled to be paid after three years from now.,However, Parag Kar, vice-president of Government Affairs for India and South Asia at Qualcomm, says short-term debt repayment obligations have always been high - in the region of 40 to 45 percent.,"It doesn't matter whether debt obligations are at par or exceed forex reserves, since taking debt and paying up is a continuous process. Hence, we maintain that net outflow on account of this will be small in proportion to forex," Parag Kar said.,The RBI said it has stepped in as required in all segments to alleviate dollar tightness and ensure orderly market functioning. However, observers of currency markets see continued depreciation of the rupee.,"The rupee has strong technical support at 79.50 against a dollar," Anuj Gupta, vice-president of IIFL Securities, claims.,Want to know more? Check out our Koo & Telegram accounts!。    双喜娘惹粿西菓店将于9月2日歇业。

二 | （新加坡讯）新加坡一家经营逾半世纪的娘惹粿糕老字号将于9月2日歇业，近日来一大清早便有大批顾客排队购买新鲜糕点，只为抓住最后的怀旧味道。这间老字号店铺双喜娘惹粿西菓店位于大巴窑4巷，由一对老夫妇与他们的儿子共同经营。

三 | 店内贩售多种手工制作的娘惹糕点，如糯米咖椰糕、红龟粿与椰丝糯米糍等，以经济实惠闻名，店内的椰浆饭售价1新元8角，娘惹糕点的价格则维持在6角至1新元之间。距离歇业只剩不到一周的时间，该店少东颜明福（42岁）受访时透露，他注意到有不少新顾客前来尝鲜，多数人是透过社群媒体得知消息后特意赶来。有顾客询及是什么原因让老店从金吉巷搬迁至大巴窑多年后，糕点价格始终保持实惠，颜明福说：“只是想让这里的年长居民负担得起而已。”颜明福说：“父母老了不想做了，爸爸年纪超过80岁，妈妈也70多岁了，这个年纪在厨房工作很危险，结束营业后计画陪父母亲旅行到处走走，也让我自己放个假。

四 | ”社群媒体如同一把双刃剑，有些顾客在网路上留下负面评价，指店主“不够礼貌”，对此，颜明福回应说，早晨时分，顾客大多急着赶去工作或上学，大家都求快，希望顾客能理解店主和小贩们在忙碌中的辛苦与不易。特意前来向老板娘道别的顾客郑安琪（64岁）受访时说，从学生时代起便是这家店的忠实顾客，尤其钟爱椰浆饭。她指这几周排队购买糕点的人越来越多，糕点经常在早上9时许就被抢购一空，为了再品尝这熟悉的滋味，她决定第二天一早就来排队。隔壁店主林益松（72岁）透露，自己与这家娘惹糕店做了超过25年的街坊，见证了他们在大巴窑开店到如今即将歇业的过程。

五 | 平日，他总会走去隔壁买些糕点，顺便聊聊天，得知店铺即将关门时，他坦言心里很不舍得。美食作家王祚森说，新加坡人尤其是年轻一代，对传统娘惹糕点的接受度虽高，但许多人只凭外观来评价，或者简单地统称这些糕点为“kueh（糕）”，却未深入了解每种糕点的名称、制作工艺与独特风味。

六 | 他以该店招牌糯米咖椰糕（Kueh Salat）的繁琐制作过程为例，糯米需浸泡至少3小时，随后蒸熟，再以椰浆和糖调味。糕点制作完成后，还需等待冷却凝固，以确保切割时能成形、不沾刀，之后才能包装。娘惹糕点含有椰浆，无法隔夜保存，冷藏后会变硬，影响口感。

七 | 王祚森强调，吃糕点容易，但制作却相当不易。许多人口中的“不过就是一块糕”，其实背后是繁重的劳动与精心的制作。因此，他对老店铺的关闭表达理解，能够体会老人家的辛劳。他直言，新加坡没有日本的传承坚持，也缺乏匠人精神。

八 | 即使一些名店透过特许经营权的方式延续，往往只是形式上的存在，味道早已失去了原本的精髓，缺了情怀。

九 | “许多人对接手小贩和小店生意也心存顾虑，因为这需要极大的毅力与奉献，几乎剥夺了个人时间，每天凌晨便得开始准备材料，日复一日地投入到漫长的制作过程中。

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